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Kloeckner SE (STU:KCO) 6-Month Price Index : 1.03 (As of May. 21, 2024)


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What is Kloeckner SE 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 (2024-05-21), Kloeckner SE's 6-Month Price Index is 1.03.

Competitive Comparison of Kloeckner SE's 6-Month Price Index

For the Steel subindustry, Kloeckner SE'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.

Kloeckner SE  (STU:KCO) 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.

Kloeckner SE  (STU:KCO) 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.

Kloeckner SE 6-Month Price Index Related Terms

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

Kloeckner SE (STU:KCO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Kloeckner & Co SE (STU:KCO) » Definitions » 6-Month Price Index
Comparable Companies
XTER:SZG NUE BOM:500228 NSE:TATASTEEL XKRX:005490 SHSE:600019 STLD XAMS:MT TSE:5401 MIC:CHMF RS TPE:2002 BOM:532286 SZSE:000708 SHSE:600010 TSE:5411 BOM:526371 TX CLF X
Traded in Other Exchanges
0KVR:UK KCO:Germany KCO:Austria
Address
Am Silberpalais 1, Duisburg, DEU, 47057
Website
https://www.kloeckner.com
Kloeckner & Co SE is a German-based steel and metal distributor, as well as an operator of steel service centers. It acts as a connecting link between steel producers and consumers. It provides customers with an optimized, end-to-end solution from procurement through logistics to prefabrication, including individual delivery and 24-hour service. It caters to industries like construction, consumer goods, metal transforming, transportation, machinery manufacturing, mechanical engineering, and others. The company has three operating segments: Kloeckner Metals US, Kloeckner Metals EU, and Kloeckner Metals Non-EU.

Kloeckner SE (STU:KCO) Headlines

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