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enX Group (JSE:ENX) 6-Month Price Index : 1.02 (As of May. 22, 2024)


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What is enX Group 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), enX Group's 6-Month Price Index is 1.02.

Competitive Comparison of enX Group's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, enX Group'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.

enX Group  (JSE:ENX) 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.

enX Group  (JSE:ENX) 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.

enX Group 6-Month Price Index Related Terms

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

enX Group (JSE:ENX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » enX Group Ltd (JSE:ENX) » Definitions » 6-Month Price Index
Comparable Companies
OSL:ISLAX OSL:IFISH OSL:BAKKA OSL:SALM OSL:GIGA OSL:AFISH GE XTER:SIE XPAR:SU ETN XKRX:373220 ITW OSTO:ATCO A EMR PH AME OTIS CMI ROK TSE:6273
Traded in Other Exchanges
N/A
Address
9th Floor, Kathryn Towers, 1 Park Lane, Sandton, PostNet Suite X86, Private Bag X7, Aston Manor, ZAF, 1630
Website
https://www.enxgroup.co.za
enX Group Ltd is a diversified industrial group that provides industrial equipment, parts, related components, support services, and petrochemical products to diverse industries in South Africa, Sub-Saharan Africa, and the UK. The company operates through three segments including enX Power, enX Lubricants and enX Chemicals. enX Power involves New Way Power designs, manufacturers, installs, rents and maintains diesel generators and distributes a range of industrial engines. enX Chemicals involves West African International imports, stores and distributes plastics, polymers, rubber and speciality chemicals as well as conveyor belting, steel cord and conveyer belting fabric into Southern Africa. enX Lubricants segment African Group Lubricants produces and markets oil lubricants.