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H&E Equipment Services (FRA:H6P) 6-Month Price Index : 1.11 (As of May. 30, 2024)


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What is H&E Equipment Services 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 (2024-05-30), H&E Equipment Services's 6-Month Price Index is 1.11.

Competitive Comparison of H&E Equipment Services's 6-Month Price Index

For the Rental & Leasing Services subindustry, H&E Equipment Services'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.

H&E Equipment Services  (FRA:H6P) 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.

H&E Equipment Services  (FRA:H6P) 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.

H&E Equipment Services 6-Month Price Index Related Terms

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

H&E Equipment Services (FRA:H6P) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » H&E Equipment Services Inc (FRA:H6P) » Definitions » 6-Month Price Index
Comparable Companies
VSTS PRG HTZ CTOS GSL MGRC WLFC ALTG AAN BEBE URI LSE:AHT AER UHAL BSP:RENT3 FTAI WSC TSX:EFN XPAR:ALD AL
Traded in Other Exchanges
HEES:USA
Address
7500 Pecue Lane, Baton Rouge, LA, USA, 70809
Website
https://www.he-equipment.com
H&E Equipment Services Inc is an integrated equipment services company. It is focused on heavy construction and industrial equipment. It rents, sells, and provides parts and services support for four core categories of equipment including hi-lift or aerial work platform equipment, cranes, earthmoving equipment, and industrial lift trucks. It engages in five principal business activities: equipment rentals; new equipment sales; used equipment sales; parts sales; and repair and maintenance services. The majority of its revenue is derived from the equipment rentals segment.

H&E Equipment Services (FRA:H6P) Headlines

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