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Globant (Globant) 6-Month Price Index : 1.08 (As of Apr. 30, 2024)


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What is Globant 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 (2024-04-30), Globant's 6-Month Price Index is 1.08.

Competitive Comparison of Globant's 6-Month Price Index

For the Information Technology Services subindustry, Globant'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.

Globant  (NYSE:GLOB) 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.

Globant  (NYSE:GLOB) 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.

Globant 6-Month Price Index Related Terms

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

Globant (Globant) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Globant SA (NYSE:GLOB) » Definitions » 6-Month Price Index
Comparable Companies
CACI G PSN SAIC CNXC CLVT EXLS JKHY DXC ASGN ACN NSE:TCS IBM NSE:INFY FI NSE:HCLTECH CTSH XPAR:CAP FIS CDW
Traded in Other Exchanges
2G2:Germany 2G2:Germany
Address
37A, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855
Website
https://www.globant.com
Globant is a next-generation IT services company that primarily assists clients with their digital transformation efforts by creating customized software for them. The company was founded in 2003 in Argentina but is currently headquartered in Luxembourg and primarily serves clients in the U.S. and Latin America. Globant's client base is relatively concentrated in the media and entertainment and financial services industries.