Utique Enterprises' Stock Hits 52 Week High, Outperforms Market in Past Month

Utique Enterprises, a microcap finance company, saw a positive start to the day as its stock opened with a gain of 3.12%. The company's stock, which is currently trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages, hit a new 52 week high of Rs.8.39 today.

However, despite the initial gain, Utique Enterprises underperformed the sector by -4.32% today. This could be due to the stock's trend reversal as it fell after two consecutive days of gain. The company's stock call by MarketsMOJO remains 'Hold', indicating a neutral stance on the stock.

In comparison to the Sensex performance, Utique Enterprises' 1 day performance was -4.00%, while its 1 month performance was 18.34%. This shows that the company's stock has been performing better than the overall market in the past month.

As a microcap company in the finance/NBFC industry, Utique Enterprises has shown promising growth in the past month. However, it is important for investors to keep an eye on the stock's performance and any potential changes in the company's strategy or financials. With a 'Hold' call from MarketsMOJO, it is advisable to gather more information before making any investment decisions.