Why is Cian Healthcare falling/rising?
As of 01-Jul, Cian Healthcare Ltd's stock price is 4.28, having increased by 0.23% recently and outperforming its sector today. Despite recent gains, the stock has a significant long-term decline, with a one-year return of -81.98%.
As of 01-Jul, Cian Healthcare Ltd's stock price is currently at 4.28, reflecting a slight increase of 0.01 or 0.23%. The stock has shown positive momentum, having gained for the last two days with a total return of 1.9% during this period. It has outperformed its sector by 0.44% today and has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 307.61% compared to the 5-day average. However, the stock has experienced erratic trading, having not traded on one day out of the last 20 days. The performance over the past week shows a return of +3.38%, and over the past month, it has increased by +11.75%, while year-to-date, it is up by +10.59%. Unfortunately, the Positive and Negative Dashboard data is not available to provide further insights into the factors influencing the stock's movement.In the broader market context, Cian Healthcare's recent performance has outpaced the Sensex, which has returned +2.00% over the past week and +2.76% over the past month. This indicates that while the overall market has been performing positively, Cian Healthcare has been able to achieve even greater gains in the short term. However, it is important to note that the stock has a significant decline over the longer term, with a one-year return of -81.98% and a three-year return of -82.02%, suggesting that despite recent gains, the stock has faced substantial challenges in the past.
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