Lohakit Metal PCL (BKK:LHK) 6-Month Price Index : 0.95 (As of May. 28, 2024)

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What is Lohakit Metal PCL 6-Month Price Index?

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2024-05-28), Lohakit Metal PCL's 6-Month Price Index is 0.95.

Competitive Comparison of Lohakit Metal PCL's 6-Month Price Index

For the Steel subindustry, Lohakit Metal PCL's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Lohakit Metal PCL (BKK:LHK) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index

Current Share Price

Share Price 6-Months Ago

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lohakit Metal PCL (BKK:LHK) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

Lohakit Metal PCL 6-Month Price Index Related Terms

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Lohakit Metal PCL (BKK:LHK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Lohakit Metal PCL (BKK:LHK) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

66/1 Moo 6 Suksawad Road, Phrapradaeng, Samutprakarn, Bangjak, THA, 10130

Website

https://www.lohakit.co.th

Lohakit Metal PCL is engaged in the processing, distribution, and shearing of stainless steel, steel, and metal products in Thailand. It offers cold and hot rolled, austenitic, ferritic, and specialized stainless-steel products; ornamental tubes, square and rectangular tubes, automotive pipe, electro-galvanized steel, and galvanized steel products. The company's operating segments include Production and Distribution; and Procurement and Distribution. The company generates the majority of its revenues from Production and Distribution.

Lohakit Metal PCL (BKK:LHK) Headlines

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