Why is Accuracy Shippi. falling/rising?
As of 17-Sep, Accuracy Shipping Ltd's stock price is 7.27, up 0.83% today, with a 2.25% gain over the past week. Despite short-term positive performance, the stock has a year-to-date decline of 29.14% and faces significant long-term challenges, including high debt levels and a 42.98% drop over the past year.
As of 17-Sep, Accuracy Shipping Ltd's stock price is currently at 7.27, reflecting an increase of 0.06 or 0.83%. The stock has shown a positive performance today, outperforming its sector by 0.97%. In terms of returns, the stock has gained 2.25% over the past week and 4.60% over the past month. However, it has experienced significant declines over the longer term, with a year-to-date drop of 29.14% and a staggering 42.98% decrease over the past year. Despite a very attractive valuation indicated by a ROCE of 7.6 and trading at a discount compared to peers, the company has faced challenges, including a 61.3% decline in profits over the past year and a weak long-term fundamental strength with a -13.63% CAGR growth in operating profits over the last five years.In the broader market context, the stock's recent short-term performance has outpaced the Sensex, which has risen by 1.43% over the past week and 2.84% over the past month. However, the long-term performance remains concerning, as the stock has underperformed the benchmark significantly over the last three years, one year, and three months. The company also faces issues with high debt levels, as indicated by a Debt to EBITDA ratio of 3.16 times and a Debt-Equity ratio of 1.08 times, which could hinder its ability to service debt and impact investor confidence. Overall, while there are some positive indicators in the short term, the long-term outlook remains bleak, contributing to the stock's volatility.
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