Why is Compucom Soft. falling/rising?
As of 10-Nov, Compucom Software Ltd's stock price is 17.75, reflecting a decline of 3.38% and underperforming its sector. The stock has fallen 3.79% over the past week and 36.65% year-to-date, with decreasing investor confidence indicated by a significant drop in delivery volume.
As of 10-Nov, Compucom Software Ltd is experiencing a decline in its stock price, currently at 17.75, which reflects a decrease of 0.62 or 3.38%. The stock has underperformed its sector by 1.4% today and has been on a downward trend for the last two days, with a total decline of 3.48% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Over the past week, the stock has fallen by 3.79%, and its year-to-date performance shows a significant drop of 36.65%. Unfortunately, there is no information available regarding positive or negative factors that could influence the stock's recent movement.Broader market context indicates that the IT - Education sector has also faced a decline, falling by 2.03%. In comparison to the benchmark Sensex, Compucom Software Ltd's short-term performance has been notably weaker, with a 1-week return of -3.79% compared to the Sensex's -0.53%. This underperformance is further highlighted by the stock's year-to-date return of -36.65%, contrasting sharply with the Sensex's gain of 6.91%. The falling investor participation, as evidenced by a 27.35% drop in delivery volume, suggests a lack of confidence among investors, contributing to the stock's downward trajectory.
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