What is Transact Technologies 6-1 Month Momentum %?
6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-30), Transact Technologies's 6-1 Month Momentum % is -12.81%.
The industry rank for Transact Technologies's 6-1 Month Momentum % or its related term are showing as below:
TACT's 6-1 Month Momentum % is ranked worse than 72.7% of 2469
companies
in the Hardware industry
Industry Median: 4.9
vs TACT: -12.81
Competitive Comparison of Transact Technologies's 6-1 Month Momentum %
For the Computer Hardware subindustry, Transact Technologies's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % 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.
Transact Technologies's 6-1 Month Momentum % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Transact Technologies's 6-1 Month Momentum % distribution charts can be found below:
* The bar in red indicates where Transact Technologies's 6-1 Month Momentum % falls into.
* 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.
Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.
The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.
Transact Technologies 6-1 Month Momentum % Related Terms
Thank you for viewing the detailed overview of Transact Technologies's 6-1 Month Momentum % provided by GuruFocus.com. Please click on the following links to see related term pages.
Transact Technologies (Transact Technologies) Business Description
Transact Technologies Inc develops and sells software-driven technology and printing solutions. The company's software is sold under BOHA, AccuDate, Epic, EPICENTRAL, Ithaca, and Printrex brand names. It also provides supplies and consumables used in the printing and scanning activities to restaurant and hospitality, banking, retail, casino and gaming, point of sale automation, lottery, medical, mobile, oil, and gas markets. Most of the revenue is derived from the casinos and gaming industry followed by the Foodservice technology market. Its geographical segments are the United States and International, of which the majority of its revenue comes from the United States.
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