Why is Cranes Software falling/rising?
As of 28-Jul, Cranes Software International Ltd's stock price is 3.51, down 2.23%, reflecting poor performance with a 23.53% decline year-to-date and negative financial indicators, including a high debt-to-equity ratio and declining net sales. The stock has underperformed its sector and shows weak investor participation, indicating a challenging environment.
As of 28-Jul, Cranes Software International Ltd is experiencing a decline in its stock price, currently at 3.51, which reflects a decrease of 0.08 or 2.23%. The stock has underperformed its sector by 1.01% today and has fallen after two consecutive days of gains. In terms of performance, the stock has shown a negative return of 3.04% over the past month and a significant decline of 23.53% year-to-date. Additionally, the stock has a negative book value and a weak long-term fundamental strength, with net sales declining at an annual rate of 19.96% over the last five years. The company also has a high debt-to-equity ratio, which contributes to its risky profile, and it has generated a return of -37.99% over the past year while its profits have risen by 44.5%.In the broader market context, the stock's performance has been notably poor compared to the benchmark, with the Sensex declining by 1.59% over the past week while Cranes Software remained flat. The stock's liquidity is adequate for trading, but the delivery volume has decreased by 26.53% against the five-day average, indicating falling investor participation. Overall, the stock's underperformance in both short-term and long-term metrics, combined with its negative financial indicators, suggests a challenging environment for Cranes Software, leading to its current price decline.
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