Info Edge stock price down 1.4 per cent as Sensex slides
Info Edge (India) Ltd. fell 1.4 per cent to Rs 5097.65 at 12:56PM hours (IST) on Thursday. Earlier in the day, the stock saw a gap down start to the session.
As per data available on BSE, total traded quantity on the counter stood at 4,670 shares with a turnover of Rs 2.35 crore till 12:56PM (IST). The stock traded at a price-to-earnings (P/E) multiple of -2601.23, while the price-to-book value ratio stood at 3.59.
Return on equity (ROE) was at -0.81 per cent, according to exchange data.
The stock hit an intraday high of Rs 5173.15 and a low of Rs 4983.45 during the session and quoted a 52-week high price of Rs 5315.0 and a 52-week low of Rs 3310.0.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 0.56.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 4386.82 on January 18, while the 50-DMA was at Rs 4911.77.
If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 50.63. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
