Juniper Hotels' Stock Sees Significant Decline, Prompting 'Sell' Call from MarketsMOJO

Juniper Hotels, a midcap company in the hotel, resort, and restaurant industry, has recently seen a decline in its stock price. On November 12, 2024, the company's stock lost -5.84%, prompting a 'Sell' call from MarketsMOJO.

The stock is currently trading close to its 52-week low, with a difference of only 2.46%. It has also underperformed the sector by -6.61% on the same day. This marks the third consecutive day of losses for Juniper Hotels, with a total decline of -10.09% during this period.

On November 12, the stock touched an intraday low of Rs 315.05, which is a significant -6.62% decrease from its previous closing price. Additionally, Juniper Hotels is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In comparison to the overall market performance, Juniper Hotels has shown a -6.71% decline in just one day, while the Sensex has only seen a 0.06% increase. Over the past month, the company's stock has also underperformed the Sensex, with a -18.29% decrease compared to the market's -2.26% decline.

While the reasons for this decline are not mentioned, investors should keep an eye on Juniper Hotels' performance in the coming days to make informed decisions about their investments.