Why is Diensten Tech falling/rising?
As of 11-Sep, Diensten Tech Ltd's stock price is at 135.00, unchanged, with a month decline of 3.57% and a year-to-date drop of 19.57%. The stock is underperforming compared to the broader market, facing challenges with high debt and low profitability.
As of 11-Sep, Diensten Tech Ltd's stock price is currently at 135.00, showing no change (0.00%). The stock has underperformed in the last month with a decline of 3.57% and a year-to-date drop of 19.57%. Today's performance indicates that it has outperformed its sector by 0.34%, but it is trading below its 20-day, 50-day, 100-day, and 200-day moving averages, despite being higher than its 5-day moving average. Additionally, there has been a significant decrease in investor participation, with delivery volume falling by 86.11% compared to the 5-day average. The company is facing challenges due to a high debt-to-equity ratio of 14.22 times and a negative EBIT to interest ratio of -0.49, indicating weak long-term fundamental strength and low profitability.In the broader market context, the Sensex has increased by 1.10% over the past week, contrasting with Diensten Tech's flat performance. While the stock has seen a decline of 13.46% over the past year, its profits have risen by 24%, suggesting that the stock is trading at risky valuations compared to its historical performance. The overall market appears to be performing better than Diensten Tech, which is reflected in its negative returns over various periods, indicating that the stock is struggling to keep pace with the benchmark.
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