Why is Accuracy Shippi. falling/rising?
As of 19-Sep, Accuracy Shipping Ltd's stock price is at 7.17, down 1.92%, with significant underperformance in both short and long-term returns compared to the market. The company faces challenges such as high debt and declining profits, leading to negative investor sentiment.
As of 19-Sep, Accuracy Shipping Ltd's stock price is currently at 7.17, reflecting a decrease of 0.14, or 1.92%. The stock has underperformed its sector today by 1.95%, and its delivery volume has significantly dropped by 55.78% compared to the 5-day average, indicating falling investor participation. Over the past year, the stock has generated a return of -43.76%, with profits declining by 61.3%. Despite having a very attractive valuation with a return on capital employed (ROCE) of 7.6 and trading at a discount to its peers, the company faces challenges, including a high debt-to-EBITDA ratio of 3.16 times and a negative growth trend in operating profits over the last five years.In the broader market context, the stock's short-term performance shows a 1-week return of +0.28%, which is lower than the Sensex's return of +0.85%. However, the stock has significantly underperformed the benchmark over longer periods, with a year-to-date return of -30.12% compared to the Sensex's +7.11%. This underperformance, coupled with weak long-term fundamentals and negative financial results, suggests that investor sentiment is currently negative towards Accuracy Shipping Ltd, contributing to the decline in its stock price.
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