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Mexco Energy (FRA:MZB) 6-Month Price Index : 1.09 (As of May. 22, 2024)


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What is Mexco Energy 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 (2024-05-22), Mexco Energy's 6-Month Price Index is 1.09.

Competitive Comparison of Mexco Energy's 6-Month Price Index

For the Oil & Gas E&P subindustry, Mexco Energy'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.

Mexco Energy  (FRA:MZB) 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.

Mexco Energy  (FRA:MZB) 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.

Mexco Energy 6-Month Price Index Related Terms

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

Mexco Energy (FRA:MZB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mexco Energy Corp (FRA:MZB) » Definitions » 6-Month Price Index
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Traded in Other Exchanges
MXC:USA
Address
415 W. Wall Street, Suite 475, Midland, TX, USA, 79701
Website
https://www.mexcoenergy.com
Mexco Energy Corporation is an independent oil and gas company. It is engaged in the exploration, development, and production of natural gas and crude oil properties located in the United States. The company carried out its operation in the Permian Basin of West Texas. It is focusing on two primary areas, the Delaware Basin located in the Western portion of the Permian Basin including Lea and Eddy Counties, New Mexico and Loving County, Texas, and the Midland Basin located in the Eastern portion of the Permian Basin including Reagan, Upton, Midland, Martin, Howard, and Glasscock Counties, Texas. The company generates revenue from Oil sales, Natural gas sales, oil and gas royalty interests.

Mexco Energy (FRA:MZB) Headlines

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