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McGrath RentCorp (FRA:MG8) 6-Month Price Index : 0.93 (As of Apr. 28, 2025)


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What is McGrath RentCorp 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 (2025-04-28), McGrath RentCorp's 6-Month Price Index is 0.93.

Competitive Comparison of McGrath RentCorp's 6-Month Price Index

For the Rental & Leasing Services subindustry, McGrath RentCorp'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.

McGrath RentCorp  (FRA:MG8) 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.

McGrath RentCorp  (FRA:MG8) 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.

McGrath RentCorp 6-Month Price Index Related Terms

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

McGrath RentCorp Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » McGrath RentCorp (FRA:MG8) » Definitions » 6-Month Price Index
Comparable Companies
HTZ HRI HEES CAR VSTS WLFC PRG CTOS WSC ALTG URI LSE:AHT AER FTAI UHAL TSX:EFN XPAR:AYV BSP:RENT3 R GATX
Traded in Other Exchanges
MGRC:USA
Address
5700 Las Positas Road, Livermore, CA, USA, 94551-7800
Website
https://www.mgrc.com
McGrath RentCorp is a rental company. It is comprised of four reportable business segments namely Modular building segment (Mobile Modular); Portable storage container segment (Portable Storage); Electronic test equipment segment (TRS-RenTelco); and its classroom manufacturing business selling modular buildings used primarily as classrooms in California (Enviroplex). The company generates its revenues majorily from the rental of its equipment on operating leases with sales of equipment occurring in the normal course of business.

McGrath RentCorp Headlines

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