Why is Addictive Learn falling/rising?
As of 23-Jul, Addictive Learning Technology Ltd's stock price is at 162.95, up 4.32% today, but down 54.99% year-to-date. Despite recent gains, investor participation has decreased significantly, indicating potential waning interest.
As of 23-Jul, Addictive Learning Technology Ltd's stock price is currently at 162.95, reflecting an increase of 6.75, or 4.32%. The stock has shown a positive performance today, outperforming its sector by 2.71%. However, despite this short-term gain, the stock has experienced a significant decline year-to-date, down 54.99%, and over the past year, it has fallen by 46.02%. The stock's moving averages indicate it is performing better than the 5-day, 20-day, 50-day, and 100-day averages, but it remains below the 200-day moving average. Additionally, there has been a notable decrease in investor participation, with delivery volume dropping by 86.49% compared to the 5-day average, which may indicate waning interest among investors.In the broader market context, Addictive Learning's short-term return of 1.53% over the past week significantly outpaces the Sensex's minimal increase of 0.03%. Over the past month, the stock has risen by 14.07%, while the Sensex has only gained 0.99%. This suggests that while the stock is currently experiencing a rise, it is still struggling to recover from its substantial losses compared to the benchmark. The liquidity of the stock appears adequate for trading, as it is based on 2% of the 5-day average traded value, which allows for a trade size of Rs 0 crore. However, the lack of available positive or negative dashboard text data limits a deeper understanding of the factors influencing the stock's recent movement.
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