Why is Press. Senstive falling/rising?
As of 05-Jun, Pressure Sensitive Systems (India) Ltd is priced at 3.18 with no change, reflecting a bearish trend as it trades below key moving averages and has seen a 58.81% decline over the past year. The stock's performance has been weaker than the Sensex recently, with significant drops in investor participation and liquidity issues.
As of 05-Jun, Pressure Sensitive Systems (India) Ltd is currently priced at 3.18, showing no change (0.00%). The stock has been trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, there has been a significant decline in investor participation, with delivery volume dropping by 45.89% compared to the 5-day average. Over the past year, the stock has experienced a substantial decline of 58.81%, while its year-to-date performance shows a decrease of 34.16%. Unfortunately, there is no information available regarding positive or negative factors affecting the stock.In the broader market context, the stock's performance over the past week has been slightly worse than the benchmark Sensex, which has decreased by only 0.23% compared to the stock's decline of 0.93%. However, in the one-month period, the stock has gained 0.63%, while the Sensex has increased by 0.80%. This indicates that while the stock has shown some recovery recently, it still lags behind the benchmark in the short term. Overall, the stock's ongoing struggles with liquidity and declining investor interest contribute to its current flat price movement.
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