Why is Quest Laborato. falling/rising?
As of 15-Sep, Quest Laboratories Ltd's stock price is 97.00, reflecting a decline of 0.51% and trading below all key moving averages, indicating a bearish trend. The stock has decreased by 19.87% year-to-date, underperforming compared to the Sensex, and has seen a significant drop in investor participation.
As of 15-Sep, Quest Laboratories Ltd is experiencing a decline in its stock price, currently at 97.00, which reflects a decrease of 0.5 or 0.51%. The stock is 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 drop in investor participation, with delivery volume falling by 25% compared to the 5-day average. Over the past month, the stock has decreased by 2.12%, and year-to-date, it has seen a substantial decline of 19.87%. Unfortunately, there is no information available regarding positive or negative factors that could provide further insight into the stock's recent movement.In the broader market context, the stock's short-term performance over the past week shows a gain of 1.04%, which is slightly below the Sensex's increase of 1.20%. However, the stock's longer-term performance is concerning, with a year-to-date decline of 19.87% compared to the Sensex's positive return of 6.02%. This underperformance relative to the benchmark suggests that Quest Laboratories Ltd is struggling to attract investor confidence, contributing to its recent price decline.
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