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El.En. SpA (MIL:ELN) 6-Month Price Index : 1.15 (As of May. 15, 2024)


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What is El.En. SpA 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 (2024-05-15), El.En. SpA's 6-Month Price Index is 1.15.

Competitive Comparison of El.En. SpA's 6-Month Price Index

For the Medical Devices subindustry, El.En. SpA'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.

El.En. SpA  (MIL:ELN) 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.

El.En. SpA  (MIL:ELN) 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.

El.En. SpA 6-Month Price Index Related Terms

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El.En. SpA (MIL:ELN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » El.En. SpA (MIL:ELN) » Definitions » 6-Month Price Index
Comparable Companies
MIL:MDC MIL:SVS MIL:IMD ABT SYK BSX MDT XTER:SHL EW SZSE:300760 DXCM ZBH ALGN STE XAMS:PHIA XSWX:SOON SHSE:688271 ASX:COH SWAV BRKR
Traded in Other Exchanges
0RH2:UK EE5:Germany
Address
Via Baldanzese No. 17, Calenzano, Florence, ITA, 50041
Website
https://www.elengroup.com
El.En. SpA is engaged in the research and development, manufacturing, distribution, and sales of laser systems. The company operates in two divisions medical and industrial. In the medical division, the application of laser is used as a healing treatment for aesthetic, surgical, physiotherapy and dental. Industrial division develops solutions for laser material processing applications through cutting, marking, laser sources and restoration. The company generates the majority of its revenue from the medical division. Geographically, it derives maximum revenue from the Rest of World.

El.En. SpA (MIL:ELN) Headlines

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