Why is Swan Energy falling/rising?
As of 25-Jul, Swan Energy Ltd. is facing a significant decline in its stock price, currently at Rs 473.60, down 7.01% today and 34.22% year-to-date. The company's weak financial fundamentals and recent poor quarterly results have contributed to negative investor sentiment and ongoing stock price pressure.
As of 25-Jul, Swan Energy Ltd. is experiencing a decline in its stock price, currently at Rs 473.60, which reflects a decrease of Rs 35.7 or 7.01%. The stock has underperformed its sector by 4.14% today and has been on a consecutive decline for the last three days, accumulating a total drop of 8.02%. Additionally, the stock's performance over the past week shows a decrease of 6.30%, while it has fallen significantly by 34.22% year-to-date. The company's financial health is concerning, with a weak long-term fundamental strength indicated by a staggering -250.37% CAGR growth in operating profits over the last five years, a high Debt to EBITDA ratio of 28.07 times, and a low average Return on Equity of 3.02%. Furthermore, the recent quarterly results have shown a drastic decline in net sales and profits, contributing to the stock's negative sentiment.In the broader market context, the Sensex has only decreased by 0.36% over the past week, indicating that Swan Energy's decline is more pronounced than the overall market trend. While the stock has shown some positive returns over longer periods, such as a 114.54% increase over three years, its recent performance has been significantly worse than the benchmark, which has generated a return of -1.56% over the past month. The stock's liquidity remains adequate for trading, but the overall negative sentiment surrounding its fundamentals and recent performance suggests that investors are cautious, leading to the current downward pressure on the stock price.
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