Why is Matrimony.com falling/rising?
As of 03-Sep, Matrimony.com Ltd is priced at 507.90, down 1.6 or 0.31%, and is trading below all major moving averages, indicating a bearish trend. The stock has declined 6.88% over the past month and 23.56% year-to-date, underperforming compared to the Sensex, which is up 3.11% year-to-date.
As of 03-Sep, Matrimony.com Ltd is currently priced at 507.90, reflecting a decrease of 1.6 or 0.31%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a decline in investor participation, with delivery volume dropping by 12.86% compared to the 5-day average. Over the past month, the stock has seen a significant decline of 6.88%, and year-to-date, it is down 23.56%. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.In the broader market context, Matrimony.com has underperformed compared to the Sensex, which has shown a slight increase of 3.11% year-to-date. In the short term, the stock has gained 0.58% over the past week, while the Sensex has decreased by 0.27%, indicating that the stock's performance is somewhat aligned with the sector despite its overall downward trend. The stark contrast in longer-term returns, with Matrimony.com down 36.43% over the past year compared to the Sensex's decline of only 2.41%, highlights the challenges the company is facing in the current market environment.
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