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Emeco Holdings (ASX:EHL) 6-Month Price Index : 1.28 (As of Dec. 14, 2024)


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What is Emeco Holdings 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 (2024-12-14), Emeco Holdings's 6-Month Price Index is 1.28.

Competitive Comparison of Emeco Holdings's 6-Month Price Index

For the Rental & Leasing Services subindustry, Emeco Holdings'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.

Emeco Holdings  (ASX:EHL) 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.

Emeco Holdings  (ASX:EHL) 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.

Emeco Holdings 6-Month Price Index Related Terms

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

Emeco Holdings Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Emeco Holdings Ltd (ASX:EHL) » Definitions » 6-Month Price Index
Comparable Companies
ASX:FPR ASX:AQN ASX:BPP ASX:SIV ASX:SGF URI LSE:AHT AER FTAI UHAL TSX:EFN BSP:RENT3 R WSC HRI GATX AL HKSE:02588 XPAR:AYV TSE:8439
Traded in Other Exchanges
E3A:Germany
Address
133 Hasler Road, Level 3, Osborne Park, Perth, WA, AUS, 6017
Website
https://www.emecogroup.com
Emeco Holdings Ltd owns and operates a fleet of original equipment manufacturer machines to deliver equipment rental solutions. Its reportable segments are Australian Rental that provides a wide range of earthmoving equipment to customers in Australia, Australian Workshops which is engaged in providing maintenance services to customers in Australia and Pit N Portal which provides a range of mining services solutions and associated services to customers in Australia. The company generates a majority of its revenue from the Australian Rental Segment. Geographically, it generates a majority of its revenue from Australia.

Emeco Holdings Headlines

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