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DXP Enterprises (FRA:DX7) 6-Month Price Index : 1.66 (As of May. 24, 2024)


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What is DXP Enterprises 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 (2024-05-24), DXP Enterprises's 6-Month Price Index is 1.66.

Competitive Comparison of DXP Enterprises's 6-Month Price Index

For the Industrial Distribution subindustry, DXP Enterprises'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.

DXP Enterprises  (FRA:DX7) 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.

DXP Enterprises  (FRA:DX7) 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.

DXP Enterprises 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of DXP Enterprises's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

DXP Enterprises (FRA:DX7) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » DXP Enterprises Inc (FRA:DX7) » Definitions » 6-Month Price Index
Comparable Companies
BXC TRNS TITN EVI GIC DSGR WARM GWW FERG FAST WSO POOL ASX:REH CNM OSTO:INDT WCC TSX:TIH SITE AIT BECN
Traded in Other Exchanges
DXPE:USA
Address
5301 Hollister, Houston, TX, USA, 77040
Website
https://www.dxpe.com
DXP Enterprises Inc is a distributor of products and services to industrial customers in the United States, Canada, Mexico, and Dubai. The company's reportable segments include Service Centers, Innovative Pumping Solutions and Supply Chain Services. It generates maximum revenue from the Service Centers segment. The company offers pumping solutions, supply chain services and maintenance, repair, operating and production services for rotating equipment, bearings and power transmissions, industrial supplies and safety products. DXP Enterprises serves the oil and gas, general manufacturing, chemical, reseller, transportation, fabrication and construction, food and beverage, aerospace mining, agriculture, power, and refining industries.

DXP Enterprises (FRA:DX7) Headlines

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