Eco Animal Health Group (LSE:EAH) 6-1 Month Momentum %

: -16.98% (As of Today)

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6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-24), Eco Animal Health Group's 6-1 Month Momentum % is -16.98%.

The industry rank for Eco Animal Health Group's 6-1 Month Momentum % or its related term are showing as below:

LSE:EAH's 6-1 Month Momentum % is ranked worse than
77.89% of 1108 companies
in the Drug Manufacturers industry
Industry Median: 1.6 vs LSE:EAH: -16.98

Competitive Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Eco Animal Health Group'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.

Eco Animal Health Group 6-1 Month Momentum % Distribution

For the Drug Manufacturers industry and Healthcare sector, Eco Animal Health Group's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Eco Animal Health Group's 6-1 Month Momentum % falls into.

Eco Animal Health Group (LSE:EAH) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-month ago

- 1 )

100 %

* 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.

Eco Animal Health Group (LSE:EAH) 6-1 Month Momentum % Explanation

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.

Eco Animal Health Group 6-1 Month Momentum % Related Terms

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Eco Animal Health Group (LSE:EAH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Eco Animal Health Group PLC (LSE:EAH) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

78 Coombe Road, New Malden, London, Surrey, GBR, KT3 4QS

Website

https://www.ecoanimalhealthgroupplc.com

Eco Animal Health Group PLC is engaged in the manufacture and marketing of animal health products. The company's product portfolio includes Aivlosin - macrolide antibiotic for the treatment of respiratory and enteric diseases in pigs and poultry; Ecomectin, Eco heart, Ecotraz, and Ecomintic for treatment and prevention of parasites in cattle, sheep, pigs, horses, and dogs; and Chlortetracycline and Oxytetracycline for treatment of bacterial infections in pigs, poultry and cattle. The geographical segments of the company include Corporate/UK, China & Japan, North America, South & South East Asia, Latin America, Europe, and the Rest of the World.

Eco Animal Health Group (LSE:EAH) Headlines

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