Visco Trade Associates Hits 52-Week Low, MarketsMOJO Gives 'Buy' Call

Jun 24 2024 10:35 AM IST
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Visco Trade Associates, a microcap trading company, has hit a 52-week low on June 24, 2024. Despite a -81.42% return in the last 6 days and underperforming the Sensex by -23.83% in the past year, MarketsMojo has given a 'Buy' call for the stock, indicating potential growth in the future.

Visco Trade Associates, a microcap trading company, has recently hit a 52-week low on June 24, 2024. Despite this, MarketsMOJO has given a 'Buy' call for the stock, indicating potential growth in the future.

The stock opened at Rs.70.55 and has since traded at this price, with a performance today of -2.91% compared to the sector. It has also been on a consecutive fall for the last 6 days, with a significant -81.42% return in this period.

However, it is important to note that Visco Trade Associates is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. This could be a cause for concern for investors.

In terms of overall performance, Visco Trade Associates has underperformed the Sensex by -23.83% in the past year. This could be attributed to the volatile nature of the trading industry.

Despite these factors, MarketsMOJO's 'Buy' call for Visco Trade Associates suggests that the company may have potential for growth in the future. As a microcap company, it is important for investors to carefully consider their options before making any investment decisions.
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