Why is Creative Eye falling/rising?
As of 20-Jun, Creative Eye Ltd's stock price is at 8.36, down 4.89% and has declined 26.8% over the last six days. Despite strong long-term gains, the stock faces significant challenges, including weak fundamentals and declining investor participation, making it a risky investment.
As of 20-Jun, Creative Eye Ltd's stock price is currently at 8.36, reflecting a decrease of 0.43, or 4.89%. The stock has been on a downward trend, having underperformed its sector by 5.71% today and experiencing a consecutive fall for the last six days, resulting in a total decline of 26.8% during this period. Although the stock has shown strong long-term performance with a 120% increase over three years and a 574.19% rise over five years, it faces significant challenges, including weak long-term fundamental strength indicated by an average Return on Equity (ROE) of 0% and a concerning annual net sales decline of 32.12% over the past five years. Additionally, the company's ability to service its debt is weak, as evidenced by a poor EBIT to Interest ratio of -1.46.In the broader market context, Creative Eye's short-term performance has significantly lagged behind the benchmark, with a 22.38% decline over the past week compared to a 1.59% increase in the Sensex. While the stock has generated a modest 7.59% return over the past year, its profits have risen by 72.2%, suggesting that the recent price drop may not fully reflect its potential for recovery. However, the falling investor participation, as indicated by an 82.05% drop in delivery volume, further exacerbates the stock's current challenges, making it a risky investment compared to its historical valuations.
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