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Mercantile Ports and Logistics (AQSE:MPL.GB) 6-Month Price Index : 1.06 (As of Dec. 12, 2024)


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What is Mercantile Ports and Logistics 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 (2024-12-12), Mercantile Ports and Logistics's 6-Month Price Index is 1.06.

Competitive Comparison of Mercantile Ports and Logistics's 6-Month Price Index

For the Marine Shipping subindustry, Mercantile Ports and Logistics'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.

Mercantile Ports and Logistics  (AQSE:MPL.GB) 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.

Mercantile Ports and Logistics  (AQSE:MPL.GB) 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.

Mercantile Ports and Logistics 6-Month Price Index Related Terms

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Mercantile Ports and Logistics Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Mercantile Ports and Logistics Ltd (AQSE:MPL.GB) » Definitions » 6-Month Price Index
Comparable Companies
BOM:509597 BOM:530299 BOM:509525 BOM:501430 BOM:539522 BOM:531930 BOM:540730 BOM:526568 BOM:513309 BOM:531216 BSP:PSVM11 XTER:HLAG OCSE:MAERSK B HKSE:01919 BOM:532921 SHSE:600018 TSE:9101 TSE:9104 SHSE:601018 HKSE:00316
Traded in Other Exchanges
MPL:UK 9KS0:Germany
Address
Le Bordage Road, 1st Floor, Tudor House, Saint Peter Port, GGY, GY1 1DB
Website
https://www.mercpl.com
Mercantile Ports and Logistics Ltd develops, owns, and operates port and logistics facilities. The site of the company's first project is at Karanja Creek in the Raigad district of Maharashtra, where it intends to develop and operate a modern and efficient port and logistics complex. At the Karanja port, the company focuses on mid-stream discharge and loading of cargo while vessels wait at anchorage for a berth in JNPT, and coastal movement of cargoes, such as containers, cement, and other break-bulk cargo, which typically ply in smaller vessels. The company has only one operating and geographic segment, being the project on hand in India. The company generates the majority of its revenue from lease income operations.

Mercantile Ports and Logistics Headlines

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