Best Eastern Hotels Hits 52-Week Low, MarketsMOJO Calls for Strong Sell Rating
Best Eastern Hotels, a microcap company in the hotel industry, has seen a significant decline in its stock price, hitting a 52-week low on March 12, 2024. With a Strong Sell call by MarketsMojo and continuous underperformance compared to the sector, the stock is currently trading below its moving averages, indicating a bearish trend. Investors should carefully consider the company's financial performance and market trends before making any investment decisions.
Best Eastern Hotels, a microcap company in the hotel industry, has recently hit a 52-week low on March 12, 2024. This has led to a "Strong Sell" call by MarketsMOJO for the company's stock.
The stock price of Best Eastern Hotels has been on a downward trend, with today's performance showing an underperformance of -4.65% compared to the sector. In fact, the stock has been continuously losing for the past 6 days and has seen a decline of -11.36% during this period.
Currently, Best Eastern Hotels is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend for the stock.
In the past year, Best Eastern Hotels has seen a significant decline of -65.60%, while the Sensex has shown a positive performance of 25.06%. This further highlights the underperformance of the company's stock.
As a microcap company in the hotel industry, Best Eastern Hotels may face challenges in the current market conditions. Investors should carefully consider the company's financial performance and market trends before making any investment decisions. This is not a recommendation to buy or sell the stock, but rather a fact-based analysis of the current situation of Best Eastern Hotels.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
