GFL's Stock Sees 7.1% Decline, Underperforms Sector Amid High Volatility

GFL, a smallcap company in the renewable energy industry, has recently seen a decline in its stock price. On October 24th, 2024, the company's stock lost 7.1%, according to data from MarketsMOJO. The stock has been on a downward trend for the past three days, with a total loss of 15.82% during this period.

The stock's performance today has underperformed the sector by 7.66%, indicating a decline in investor confidence. GFL's stock also experienced high volatility, with an intraday volatility of 5.42%. This is calculated from the weighted average price, which takes into account the volume of trades.

Despite the recent decline, GFL's stock is still performing well in the long term. It is currently trading higher than its 20-day, 50-day, 100-day, and 200-day moving averages. However, it is lower than its 5-day moving average, indicating a short-term decline.

In comparison to the overall market performance, GFL's stock has underperformed. On the same day, the Sensex, India's benchmark index, only saw a 0.02% decline. In the past month, GFL's stock has also outperformed the Sensex, with a 19.56% increase compared to the Sensex's 5.71% decline.

It is important to note that this article is based on factual data and does not include any external sources or opinions. It is intended to provide neutral and informative information about GFL's recent stock performance. Investors are advised to conduct their own research and analysis before making any investment decisions.