Money Masters Leasing & Finance Faces Intense Selling Pressure Amid Significant Losses
Money Masters Leasing & Finance Ltd is experiencing intense selling pressure, marked by consecutive losses and a significant decline over various time frames. The stock has reached a new 52-week low, trading below all key moving averages, indicating a challenging market environment for the company.
Money Masters Leasing & Finance Ltd is currently facing significant selling pressure, with the stock showing only sellers today. The company has experienced consecutive days of losses, with a notable decline of 9.22% in just one day, contrasting sharply with the Sensex's minor drop of 0.70%. Over the past week, the stock has plummeted by 24.60%, while the Sensex has managed a slight gain of 0.20%. In the month, Money Masters Leasing & Finance has seen a staggering 32.00% decrease, compared to a 5.28% increase in the Sensex. The three-month performance reveals a dramatic 77.42% decline for the stock, while the Sensex has only dipped by 2.08%. Year-to-date, the stock is down 77.11%, significantly underperforming the Sensex, which has fallen just 1.38%.
Today, the stock hit a new 52-week and all-time low of Rs. 1.87, trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages. These trends indicate a challenging environment for Money Masters Leasing & Finance, with various factors likely contributing to the ongoing selling pressure.
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