Olympic Cards Ltd Receives 'Sell' Call from MarketsMOJO Amidst Declining Stock Performance

Jan 05 2024 08:06 PM IST
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Olympic Cards Ltd, a microcap company in the printing and publishing industry, has received a 'Sell' call from MarketsMojo due to its declining stock price. The stock has underperformed the sector and market, with a mixed trend in the short term. Investors should exercise caution and conduct thorough research before investing.

Olympic Cards Ltd, a microcap company in the printing and publishing industry, has recently received a 'Sell' call from MarketsMOJO. The stock price of the company has been on a downward trend, with it touching a low of 4.4 after reaching a high of 4.65. This has resulted in the stock underperforming the sector by -6.55% in today's trading.

Looking at the moving averages, Olympic Cards Ltd's stock is currently higher than the 50 day, 100 day, and 200 day moving averages. However, it is lower than the 5 day and 20 day moving averages. This indicates a mixed trend for the stock in the short term.

In comparison to the Sensex, Olympic Cards Ltd's stock has performed poorly, with a -4.35% decrease in value compared to the Sensex's 0.25% increase. This further supports the 'Sell' call given by MarketsMOJO.

Investors should be cautious when considering Olympic Cards Ltd's stock, as it has shown a downward trend and underperformed the sector and market. It is important to do thorough research and analysis before making any investment decisions.
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