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Luxbright AB (OSTO:LXB) 6-Month Price Index : 2.07 (As of Jun. 06, 2024)


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What is Luxbright AB 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 (2024-06-06), Luxbright AB's 6-Month Price Index is 2.07.

Competitive Comparison of Luxbright AB's 6-Month Price Index

For the Medical Devices subindustry, Luxbright AB'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.

Luxbright AB  (OSTO:LXB) 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.

Luxbright AB  (OSTO:LXB) 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.

Luxbright AB 6-Month Price Index Related Terms

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

Luxbright AB (OSTO:LXB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Luxbright AB (OSTO:LXB) » Definitions » 6-Month Price Index
Comparable Companies
XSAT:IMS XSAT:ZENI OSTO:AEGIR OSTO:NEOD XSAT:SDET XSAT:PEXA B OSTO:DEAR OSTO:QLIFE OSTO:CMH XSAT:MEDF ABT SYK MDT BSX SZSE:300760 EW DXCM ZBH STE XAMS:PHIA
Traded in Other Exchanges
LUR:Germany
Address
Arvid Wallgrens backe 20, Gothenburg, SWE, 41346
Website
https://www.luxbright.com
Luxbright AB is a technology company focusing on developing and commercializing a new generation of X-ray tubes. The company offers innovative X-ray tubes, generators, and future X-ray systems to international system suppliers in order to improve and protect lives by enabling higher resolution X-ray images. The X-ray tubes are a powerful, stable, and cost-effective alternative to conventional X-ray tubes.

Luxbright AB (OSTO:LXB) Headlines

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