Why is Jackson Invest falling/rising?
As of 10-Oct, Jackson Investments Ltd is priced at 0.60, showing a mixed performance with a 1.64% decline over the past week but a 17.65% increase over the past month. Year-to-date, the stock is down 20.00%, and despite trading above key moving averages, a significant drop in investor participation raises concerns about future interest.
As of 10-Oct, Jackson Investments Ltd is currently priced at 0.60, with no change in price, reflecting a 0.00% movement. The stock has shown a mixed performance recently, with a decline of 1.64% over the past week, while it has increased by 17.65% over the past month. Despite this monthly gain, the year-to-date performance is down by 20.00%, and the one-year return is also negative at -15.49%. Today's price summary indicates that Jackson Investments is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend. However, there has been a significant drop in investor participation, with delivery volume falling by 45.65% compared to the 5-day average, which may indicate waning interest among investors. There is no information available regarding positive or negative factors impacting the stock.In the broader market context, the stock's short-term performance over the past week is underperforming compared to the Sensex, which has gained 1.59% in the same period. While Jackson Investments has outperformed the benchmark over the past month, the stark contrast in year-to-date performance, with the Sensex up by 5.58%, highlights the challenges faced by the company. The liquidity of the stock appears adequate for trading, as it is based on 2% of the 5-day average traded value, but the falling delivery volume may raise concerns about sustained interest and future price movements.
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