Why is Quest Laborato. falling/rising?
As of 11-Sep, Quest Laboratories Ltd's stock price is declining at 97.00, down 1.42%, and underperforming its sector. The stock is trading below all key moving averages, with a significant drop in delivery volume and negative returns year-to-date and over the past week.
As of 11-Sep, Quest Laboratories Ltd is experiencing a decline in its stock price, currently at 97.00, reflecting a decrease of 1.4 or 1.42%. The stock has underperformed its sector by 1.89% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Additionally, the delivery volume has significantly decreased by 59.77% compared to the 5-day average, suggesting a drop in investor participation. Over the past week, the stock has fallen by 2.22%, and year-to-date, it has seen a substantial decline of 19.87%, while the one-year return shows a decrease of 23.59%. There are no positive or negative factors available to provide further context on the stock's recent movement.In the broader market context, the Sensex has shown positive performance, gaining 1.10% over the past week and 5.75% year-to-date, contrasting sharply with Quest Laboratories' negative returns. This divergence indicates that while the overall market is trending upwards, Quest Laboratories is struggling to keep pace, further contributing to its declining stock price. The stark difference in performance between the stock and the benchmark highlights the challenges faced by Quest Laboratories in attracting investor interest amidst a generally favorable market environment.
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