Why is Raconteur Global falling/rising?
As of 11-Sep, Raconteur Global Resources Ltd's stock price is at 13.25, down 5.69%, underperforming its sector and showing erratic trading patterns. Despite a year-to-date increase of 14.22%, the stock has declined significantly over the past year and three years, contrasting sharply with the broader market's gains.
As of 11-Sep, Raconteur Global Resources Ltd is experiencing a decline in its stock price, currently at 13.25, which reflects a decrease of 0.8 or 5.69%. The stock has underperformed its sector by 4.47% today, and it has shown erratic trading patterns, having not traded on one day out of the last 20. Additionally, the stock's delivery volume has decreased by 3.85% compared to the 5-day average, indicating falling investor participation. Over the past week, the stock has gained 1.92%, but it has seen a decline of 2.14% over the past month and a significant drop of 43.38% over the past year, suggesting a troubling trend despite a year-to-date increase of 14.22%.In the broader market context, the Sensex has increased by 1.03% over the past week and 1.17% over the past month, contrasting with Raconteur's recent performance. The stock's long-term returns are concerning, with a 52.51% decline over the past three years, while the Sensex has appreciated by 36.38% in the same period. This stark difference highlights the challenges Raconteur Global is facing compared to the overall market, contributing to its current price decline.
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