Why is P.E. Analytics falling/rising?
As of 25-Aug, P.E. Analytics Ltd's stock price is Rs 196.00, down 2.49%, with significant underperformance reflected in negative returns over the past week and month. The stock is trading below all major moving averages and is near its 52-week low, indicating a bearish trend and reduced investor interest.
As of 25-Aug, P.E. Analytics Ltd is experiencing a decline in its stock price, currently at Rs 196.00, reflecting a decrease of Rs 5.0 or 2.49%. The stock has underperformed significantly, with a 1-week return of -2.97% and a 1-month return of -8.84%. It is currently trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the stock is close to its 52-week low, just 3.67% away from Rs 188.8. There has also been a notable drop in investor participation, with delivery volume falling by 64.29% against the 5-day average, suggesting reduced interest in the stock.In the broader market context, the Sensex has shown a positive return of 0.36% over the past week, contrasting sharply with P.E. Analytics' negative performance. Year-to-date, while the Sensex has gained 5.60%, P.E. Analytics has declined by 25.76%. This stark difference highlights the stock's struggles relative to the overall market. The absence of any positive factors in the provided data further emphasizes the challenges facing P.E. Analytics, contributing to its ongoing price decline.
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