Why is TCFC Finance falling/rising?
As of 23-Jun, TCFC Finance Ltd's stock price is declining at 46.00, down 0.67%, and has underperformed significantly over various time frames, including a 23.94% drop over the past year. Despite a high dividend yield of 3.89%, the stock struggles with low investor participation and is trading below all key moving averages.
As of 23-Jun, TCFC Finance Ltd is experiencing a decline in its stock price, currently at 46.00, which reflects a decrease of 0.31 or 0.67%. The stock has been underperforming, having lost 2.11% over the last four days, and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a significant drop in investor participation, with delivery volume falling by 51.22% compared to the 5-day average. The stock has also underperformed its sector by 1.2%. Over the past year, TCFC Finance has seen a decline of 23.94%, while its year-to-date performance shows a staggering drop of 37.06%.In the broader market context, the Sensex has shown a slight increase of 0.12% over the past week and a gain of 4.81% year-to-date, indicating that the overall market is performing better than TCFC Finance. This contrast highlights the stock's struggles, particularly as it has underperformed the benchmark significantly over various time frames, including a 9.82% decline over the past month. While the stock does offer a high dividend yield of 3.89%, this has not been enough to counteract the negative trends in price movement and investor interest.
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