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Nexteq (LSE:NXQ) 6-Month Price Index : 1.43 (As of May. 31, 2024)


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What is Nexteq 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 (2024-05-31), Nexteq's 6-Month Price Index is 1.43.


Competitive Comparison of Nexteq's 6-Month Price Index

For the Computer Hardware subindustry, Nexteq'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.


Nexteq  (LSE:NXQ) 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.


Nexteq  (LSE:NXQ) 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.


Nexteq 6-Month Price Index Related Terms

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


Nexteq (LSE:NXQ) Business Description

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Station Road, The Galleria, Crawley, GBR, RH10 1WW
Nexteq PLC is a technology partner to industrial equipment manufacturers. The group's specialist outsourced solutions serve a range of selected end markets through its two divisions, Quixant and Densitron, enabling its customers to innovate where it matters most. Quixant designs and engineers gaming computers, software systems and accessories for the gaming and sports betting industries. Densitron produces a wide range of human machine interface hardware to global industrial markets, with key focus areas being the broadcast and medical sectors.

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