Confidence Futuristic Energetech Hits 52-Week Low with 'Strong Sell' Rating from MarketsMOJO

Aug 02 2024 11:05 AM IST
share
Share Via
Confidence Futuristic Energetech, a microcap company in the miscellaneous industry, hit a 52-week low on August 2nd, 2024 and has been given a 'Strong Sell' rating by MarketsMojo. The stock has underperformed the sector by -1.82% and is currently trading below its moving averages. In the past year, the stock has seen a -40.32% decrease in performance compared to the Sensex's 23.40% increase. Investors should conduct thorough research before making any investment decisions.

Confidence Futuristic Energetech, a microcap company in the miscellaneous industry, has recently hit a 52-week low on August 2nd, 2024. According to MarketsMOJO, the stock has been given a 'Strong Sell' rating. The stock opened today with a gain of 2.91%, but has underperformed the sector by -1.82%.

In the past two days, the stock has been on a downward trend, with a -3.08% return. The day's high for the stock was Rs 89.6, while the day's low was Rs 84.99. Currently, Confidence Futuristic Energetech is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In the past year, Confidence Futuristic Energetech has seen a -40.32% decrease in performance, while the Sensex has seen a 23.40% increase. This indicates a significant underperformance by the company compared to the overall market.

Investors should take note of the recent 52-week low and the 'Strong Sell' rating given by MarketsMOJO. It is important to do thorough research and analysis before making any investment decisions. This news article is for informational purposes only and does not constitute any recommendation or advice.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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