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FIT Hon Teng (HKSE:06088) 6-Month Price Index : 1.86 (As of May. 26, 2024)


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What is FIT Hon Teng 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 (2024-05-26), FIT Hon Teng's 6-Month Price Index is 1.86.


Competitive Comparison of FIT Hon Teng's 6-Month Price Index

For the Electronic Components subindustry, FIT Hon Teng'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.


FIT Hon Teng  (HKSE:06088) 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.


FIT Hon Teng  (HKSE:06088) 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.


FIT Hon Teng 6-Month Price Index Related Terms

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


FIT Hon Teng (HKSE:06088) Business Description

Traded in Other Exchanges
Address
66-1, Chungshan Road, Tucheng District, New Taipei Ciy, TWN, 23680
FIT Hon Teng Ltd is a manufacturer of electronic components. It focuses on the development, manufacturing, and marketing of electronic and optoelectronic connectors, antennas, acoustic components, cables, and modules for applications in computers, communication equipment, consumer electronics, automobiles, and industrial and green energy field products. Geographically, the group has a business presence in the U.S., the PRC, Taiwan, Hong Kong, the United Kingdom, Singapore, Malaysia, and other countries, of which a majority of revenue is derived from the U.S. Its operating segments are Intermediate products and Consumer products.
Executives
Lu Sung-ching 2101 Beneficial owner
Hong Hai Jing Mi Gong Ye Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Foxconn (far East) Limited 2201 Interest of corporation controlled by you

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