Why is Party Cruisers falling/rising?
As of 09-Sep, Party Cruisers Ltd's stock price is at 78.00, down 1.27%, and has significantly underperformed its sector and the Sensex year-to-date, with a decline of 40.89%. The stock shows a concerning trend with reduced investor participation and negative long-term returns compared to the benchmark.
As of 09-Sep, Party Cruisers Ltd is experiencing a decline in its stock price, currently at 78.00, which reflects a decrease of 1.0 or 1.27%. The stock has underperformed its sector today by 0.41%, and while it is higher than the 20-day and 50-day moving averages, it is lower than the 5-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 73.68% compared to the 5-day average. Over the past week, the stock has slightly decreased by 0.06%, while it has shown a positive return of 11.43% over the past month. However, the year-to-date performance is concerning, with a decline of 40.89%, and a substantial drop of 76.87% over the last three years.In the broader market context, the Sensex has increased by 1.18% over the past week and 2.07% over the past month, indicating that Party Cruisers Ltd is lagging behind the benchmark. Year-to-date, while the Sensex has gained 5.18%, Party Cruisers has significantly underperformed, highlighting a stark contrast in performance. The overall market conditions appear to be more favorable, which may further exacerbate the challenges faced by Party Cruisers Ltd, as evidenced by its negative returns over the longer term compared to the benchmark.
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