Longview Tea Company's Stock Hits 52-Week High, Shows Impressive Growth
Longview Tea Company, a microcap trading company, has recently hit a 52-week high with its stock price reaching Rs.61.85 on March 11, 2024. This has been a consecutive gain for the company, with the stock rising for the past 13 days and showing a remarkable 81.91% return in that period. The stock opened with a gain of 4.99% today and has been trading at this price since then.
The company's performance today has outperformed the sector by 2.94%, indicating a positive trend for Longview Tea. It is also worth noting that the stock is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further solidifying its strong performance.
In the past year, Longview Tea Company has shown an impressive 123.69% growth, while the Sensex has only seen a 25.21% increase. This showcases the company's strong performance and potential for growth in the trading industry.
MarketsMOJO has given a 'Sell' call for Longview Tea Company's stock, but with its recent success and consistent growth, it will be interesting to see how the company continues to perform in the future. Investors and traders should keep an eye on this microcap company as it continues to make waves in the trading industry.
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