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Lonking Holdings (HKSE:03339) 6-Month Price Index : 1.30 (As of May. 26, 2024)


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What is Lonking Holdings 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 (2024-05-26), Lonking Holdings's 6-Month Price Index is 1.30.

Competitive Comparison of Lonking Holdings's 6-Month Price Index

For the Farm & Heavy Construction Machinery subindustry, Lonking Holdings'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.

Lonking Holdings  (HKSE:03339) 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.

Lonking Holdings  (HKSE:03339) 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.

Lonking Holdings 6-Month Price Index Related Terms

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

Lonking Holdings (HKSE:03339) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Lonking Holdings Ltd (HKSE:03339) » Definitions » 6-Month Price Index
Comparable Companies
HKSE:02499 HKSE:00038 HKSE:02153 HKSE:02102 HKSE:00840 HKSE:00631 HKSE:01839 CAT DE PCAR OSTO:VOLV A XTER:DTG TSE:6201 TSE:6301 XAMS:EXO OSTO:EPI A SHSE:600031 TSE:6326 CNHI SZSE:000425
Traded in Other Exchanges
C9IB:Germany C9IB:Germany
Address
No. 26 Mingyi Road, Xinqiao, Songjiang Industrial, Shanghai, CHN, 201612
Website
https://www.lonking.cn
Lonking Holdings Ltd is a construction and logistics machinery manufacturers in China. It produces wheel loaders, excavators, road rollers, forklifts, and other heavy equipment. In addition, the company supplies individual components, including gearboxes, converters, axles, and hydraulic components. Lonking Holdings has three operating segments: Sale of construction machinery (majority of total revenue), Finance lease of construction machinery, and Financial investment. Used equipment and leasing solutions help extend offerings and pinpoint the correct solution for each customer. Trained technicians provide aftermarket services and parts to maximize equipment efficiency. The majority of sales are derived from China.
Executives
Li San Yim 2202 Interest of your spouse
Ngai Ngan Ying 2201 Interest of corporation controlled by you
Citigroup Inc. 2502 Approved lending agent
Ngai Ngan Ying 2101 Beneficial owner

Lonking Holdings (HKSE:03339) Headlines

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