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Acrow Misr for Metallic (CAI:ACRO) 6-Month Price Index : 0.80 (As of Jun. 20, 2024)


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What is Acrow Misr for Metallic 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 (2024-06-20), Acrow Misr for Metallic's 6-Month Price Index is 0.80.


Competitive Comparison of Acrow Misr for Metallic's 6-Month Price Index

For the Engineering & Construction subindustry, Acrow Misr for Metallic'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.


Acrow Misr for Metallic  (CAI:ACRO) 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.


Acrow Misr for Metallic  (CAI:ACRO) 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.


Acrow Misr for Metallic 6-Month Price Index Related Terms

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Acrow Misr for Metallic (CAI:ACRO) Business Description

Traded in Other Exchanges
N/A
Address
Wady Houf, Helwan, Cairo, EGY
Acrow Misr for Metallic SA manufactures, designs, develops and installs formwork, falsework, scaffolding, steel structure and storage systems for construction and civil engineering industries. It offers wall formwork, column formwork, slab formwork, shoring systems, bridge formwork and climbing systems. The entity also offers services for pre-design and pre-construction phase, construction and post-construction phase, and special services such as Special formwork designs, Pre-assembly in factory and buy-back services, among others.

Acrow Misr for Metallic (CAI:ACRO) Headlines