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Newlat Food SpA (MIL:NWL) 6-Month Price Index : 0.95 (As of May. 22, 2024)


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What is Newlat Food SpA 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), Newlat Food SpA's 6-Month Price Index is 0.95.

Competitive Comparison of Newlat Food SpA's 6-Month Price Index

For the Packaged Foods subindustry, Newlat Food SpA'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.

Newlat Food SpA  (MIL:NWL) 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.

Newlat Food SpA  (MIL:NWL) 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.

Newlat Food SpA 6-Month Price Index Related Terms

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Newlat Food SpA (MIL:NWL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Newlat Food SpA (MIL:NWL) » Definitions » 6-Month Price Index
Comparable Companies
MIL:FF MIL:VLS MIL:ENV MIL:CLI MIL:ESIGM MIL:ERFO MIL:ITM XSWX:NESN KHC GIS XPAR:BN SHSE:603288 NSE:NESTLEIND SZSE:300999 SHSE:600887 TSE:2802 LSE:ABF BIMBOA HRL K
Traded in Other Exchanges
6NF:Germany
Address
Via JF Kennedy 16, Reggio Emilia, ITA, 42124
Website
https://www.newlat.it
Newlat Food SpA is an Italy-based agro-food company. It is engaged in the processing, packaging, sale, and distribution of food and beverages. The company has various operating segments which include Pasta, Milk Products, Bakery Products, Dairy Products, Special Products, Instant noodles, and Other activities. The company operates in Italy, Germany, and other countries.