Metro Brands, a midcap footwear company, has seen its stock price slightly decline to 1254.10. Over the past year, it has fluctuated between a high of 1,347.70 and a low of 890.30. The stock’s performance has varied compared to the Sensex, with notable returns over different time frames.
Metro Brands, a midcap player in the footwear industry, has recently undergone an evaluation revision reflecting its current market dynamics. The stock is currently priced at 1254.10, slightly down from the previous close of 1257.50. Over the past year, the stock has experienced fluctuations, with a 52-week high of 1,347.70 and a low of 890.30.
In terms of technical indicators, the weekly MACD shows a bullish trend, while the monthly MACD indicates a mildly bearish stance. The Bollinger Bands reflect a mildly bullish trend on both weekly and monthly bases, suggesting some positive momentum. Daily moving averages are bullish, indicating short-term strength. However, the KST shows bullish signals for both weekly and monthly periods, reinforcing the overall positive sentiment.
When comparing the stock’s performance to the Sensex, Metro Brands has shown varied returns. Over the past week, the stock returned -0.02%, while it has gained 2.05% over the past month, outperforming the Sensex’s 1.34% in the same period. Year-to-date, the stock has returned 3.64%, trailing the Sensex’s 4.67%. Notably, over a three-year period, Metro Brands has delivered a return of 30.7%, although this is below the Sensex’s impressive 40.48% return. These metrics highlight the company’s performance relative to broader market trends, emphasizing its position within the footwear sector.