Why is Enbee Trade falling/rising?
As of 20-Oct, Enbee Trade & Finance Ltd's stock price is 0.44, down 2.22%, and has declined 6.38% over the last two days. The stock is significantly underperforming compared to the broader market, with a year-to-date drop of 70.82%.
As of 20-Oct, Enbee Trade & Finance Ltd's stock price is currently at 0.44, reflecting a decrease of 0.01 or 2.22%. The stock has underperformed its sector by 2.95% today and has been on a consecutive decline for the last two days, resulting in a total drop of 6.38% during this period. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Over the past month, the stock has decreased by 2.22%, while year-to-date, it has plummeted by 70.82%. The delivery volume has also seen a decline of 4.22% compared to the 5-day average, suggesting falling investor participation. There is no information available regarding positive or negative factors that could influence the stock's movement.In the broader market context, the stock's short-term performance over the past week shows a gain of 2.33%, which is slightly lower than the Sensex's increase of 2.47%. However, when looking at the longer-term performance, Enbee Trade's year-to-date decline of 70.82% starkly contrasts with the Sensex's gain of 7.97%, highlighting significant underperformance. This disparity indicates that while the overall market may be experiencing growth, Enbee Trade is struggling considerably, contributing to its recent price decline.
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