Why is JMJ Fintech falling/rising?
As of 03-Nov, JMJ Fintech Ltd's stock price is at 14.60, down 2.01%, and has significantly underperformed its sector and the broader market. Despite a high dividend yield of 4.03%, the stock has declined 49.13% over the past year and shows weak investor interest.
As of 03-Nov, JMJ Fintech Ltd's stock price is currently at 14.60, reflecting a decrease of 0.3, or 2.01%. The stock has underperformed its sector today by 2.75%, and it is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. Additionally, investor participation has declined significantly, with delivery volume dropping by 69.33% compared to the 5-day average. Over the past year, the stock has seen a substantial decline of 49.13%, while it has also underperformed in the short term with a 4.39% drop over the last month. The only positive aspect noted is a high dividend yield of 4.03% at the current price, which may provide some support to investors.In the broader market context, JMJ Fintech's recent performance contrasts sharply with the benchmark Sensex, which has gained 3.41% over the past month and 7.47% year-to-date. The stock's 1-week return of -3.44% also indicates a significant underperformance compared to the Sensex's decline of only 0.94% during the same period. This disparity suggests that while the overall market may be recovering, JMJ Fintech is struggling to attract investor interest, contributing to its falling stock price.
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