Why is Airo Lam falling/rising?
As of 04-Sep, Airo Lam Ltd's stock price is at 108.13, down 1.15%, and has underperformed its sector by 3%. The company has seen a significant decline in profits and investor participation, leading to a year-to-date decline of 16.25%, despite a modest short-term gain.
As of 04-Sep, Airo Lam Ltd's stock price is currently at 108.13, reflecting a decrease of 1.26, or 1.15%. The stock has underperformed its sector by 3% today, and while it is trading above its 5-day, 20-day, and 100-day moving averages, it remains below its 50-day and 200-day moving averages. The stock has seen a decline in investor participation, with a delivery volume of 2.45k on September 3, which is down by 0.49% compared to the 5-day average. Over the past year, Airo Lam has generated a return of -18.39%, significantly underperforming the market, which saw a decline of only -1.84%. The company's profits have also fallen sharply by 71.5%, contributing to its negative performance.In the broader market context, Airo Lam's short-term performance over the last week shows a modest gain of 1.38%, compared to the Sensex's increase of 0.95%. However, the stock's year-to-date performance is concerning, with a decline of 16.25% against the Sensex's gain of 4.61%. The company's weak long-term fundamentals, highlighted by a -27.46% CAGR growth in operating profits over the last five years and a high Debt to EBITDA ratio of 2.66, further exacerbate investor concerns. Despite an attractive valuation relative to peers, the overall negative sentiment surrounding the company's profitability and recent financial results has led to a downward trend in its stock price.
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