GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Modern Plant Based Foods Inc (XCNQ:MEAT) » Definitions » 6-Month Price Index

Modern Plant Based Foods (XCNQ:MEAT) 6-Month Price Index : 0.38 (As of May. 25, 2024)


View and export this data going back to 2016. Start your Free Trial

What is Modern Plant Based Foods 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 (2024-05-25), Modern Plant Based Foods's 6-Month Price Index is 0.38.

Competitive Comparison of Modern Plant Based Foods's 6-Month Price Index

For the Packaged Foods subindustry, Modern Plant Based Foods'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.

Modern Plant Based Foods  (XCNQ:MEAT) 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.

Modern Plant Based Foods  (XCNQ:MEAT) 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.

Modern Plant Based Foods 6-Month Price Index Related Terms

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

Modern Plant Based Foods (XCNQ:MEAT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Modern Plant Based Foods Inc (XCNQ:MEAT) » Definitions » 6-Month Price Index
Comparable Companies
NEOE:HOTD TSXV:BGA XCNQ:CULT TSXV:VPI NEOE:NGRB XCNQ:MUSL TSXV:CYF XCNQ:PNGA XCNQ:FIT XCNQ:VEGI XSWX:NESN KHC XPAR:BN GIS SHSE:603288 NSE:NESTLEIND LSE:ABF SHSE:600887 SZSE:300999 MKC
Traded in Other Exchanges
MDRNF:USA L3OP:Germany
Address
700 West Georgia Street, Suite 2500, Vancouver, BC, CAN, V7Y 1B3
Website
https://www.themodernmeat.com
Modern Plant Based Foods Inc is a Canadian food company based in Vancouver, British Columbia that offers a portfolio of plant-based products including meat alternatives, dairy-free cheeses, homemade style soups and vegan snacks. The company understands the importance of providing nutritious and sustainable alternatives without sacrificing taste. All products are made free of soy, gluten, nuts and GMOs. Modern Plant-Based Foods' objective is to change the way food is produced and consumed for the benefit of people, animals and the environment by using natural plant-based ingredients. The products are available for purchase at various retail locations and on e-commerce platforms.

Modern Plant Based Foods (XCNQ:MEAT) Headlines

No Headlines