Why is Crystal Business falling/rising?
As of 16-Sep, Crystal Business System Ltd is priced at 2.25, showing a short-term gain but significant long-term underperformance with a year-to-date decline of 25.00% and an 89.05% drop over three years. The company's financial health is weak, indicated by operating losses and low profitability, despite a recent uptick in price.
As of 16-Sep, Crystal Business System Ltd is currently priced at 2.25, reflecting an increase of 0.05 or 2.27%. The stock has shown a positive trend today, outperforming its sector by 1.85% and reversing a two-day decline. Despite this short-term gain, the stock has experienced significant underperformance over the longer term, with a year-to-date decline of 25.00% and a staggering 89.05% drop over the past three years. The company's financial health is concerning, as indicated by its operating losses and a weak ability to service debt, with a poor EBIT to Interest ratio of 0.10. Additionally, the stock's low Return on Equity of 2.13% signifies low profitability, and it is trading at a premium compared to its peers despite its historical underperformance.In the broader market context, the stock's performance over the past week has been negative at -0.44%, while the benchmark Sensex has gained 1.58%. Over the last month, however, Crystal Business has outperformed the benchmark with a return of 3.69% compared to the Sensex's 2.21%. Despite the recent uptick in price and rising investor participation, the overall trend remains concerning due to the company's weak long-term fundamentals and consistent underperformance against the benchmark over the last three years.
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