Snowman Logistics' Stock Sees Decline Amidst Sector-Wide Downturn, MarketsMOJO Calls 'Hold'.

Snowman Logistics, a smallcap company in the logistics industry, has recently seen a decline in its stock price. On March 13, 2024, the company's stock lost -7.08%, underperforming the sector by -2.81%. This has led to a 'Hold' call by MarketsMOJO.

The stock has been on a downward trend for the past 7 days, with a fall of -21.96% in this period. On the same day, the stock touched an intraday low of Rs 59.8 (-6.72%). While the stock's moving averages are higher than the 200 day moving average, they are lower than the 5 day, 20 day, 50 day, and 100 day moving averages.

In the logistics sector, Snowman Logistics is not the only company facing a decline. The sector as a whole has fallen by -3.61%. This could be due to various factors such as economic conditions, industry trends, or company-specific issues.

Compared to the overall market performance, Snowman Logistics has underperformed. On the same day, the Sensex performance was -0.79%, while the 1-day performance of Snowman Logistics was -7.08%. Similarly, in the past month, the company's performance has been -9.48%, while the Sensex has seen a growth of 2.14%.

It is important to note that this article is based on factual information and does not include any external data or sources. As a smallcap company in the logistics industry, Snowman Logistics' stock performance may fluctuate, and investors are advised to do their own research before making any investment decisions.