SG Finserve Stock Drops -7.5% on August 29, Rated 'Sell' by MarketsMOJO

SG Finserve, a smallcap finance company, has seen a decline of -7.5% in its stock price on August 29, 2024. This drop has been reflected in the stock call given by MarketsMOJO, which has rated the stock as 'Sell'.

The stock's performance today has been underwhelming, as it has underperformed the sector by -5.82%. This is a reversal from the previous two days, where the stock had seen consecutive gains. The day's high for SG Finserve was Rs 454, a 3.3% increase, while the day's low was Rs 411.65, a -6.34% decrease.

Despite the recent decline, SG Finserve's moving averages are still higher than the 5 day, 20 day, 50 day, and 100 day moving averages. However, it is lower than the 200 day moving average.

In comparison to the Sensex, SG Finserve's 1 day performance has been -7.50%, while the Sensex has seen a positive performance of 0.34%. Over the past month, SG Finserve has seen a 0.73% increase, slightly lower than the Sensex's performance of 0.87%.

Investors should keep an eye on SG Finserve's stock performance and consider all factors before making any investment decisions. As a smallcap finance company, SG Finserve may be more susceptible to market fluctuations and investors should exercise caution.