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Lana Medical Co (SAU:9587) 6-Month Price Index : 1.71 (As of Jan. 18, 2025)


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What is Lana Medical Co 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 (2025-01-18), Lana Medical Co's 6-Month Price Index is 1.71.


Competitive Comparison of Lana Medical Co's 6-Month Price Index

For the Medical Distribution subindustry, Lana Medical Co'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.


Lana Medical Co  (SAU:9587) 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.


Lana Medical Co  (SAU:9587) 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.


Lana Medical Co 6-Month Price Index Related Terms

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


Lana Medical Co Business Description

Traded in Other Exchanges
N/A
Address
As Sulay district, Riyadh, SAU
Lana Medical Co is a company whose business activity consists of trading in medical and cosmetic devices medical supplies and treating medical waste. Their Medical Devices are customized for the GCC Region, Licensed, and approved as per the High standards set by the various Government Entities. Lana Medical Company serves all cities in the Kingdom of Saudi Arabia with Medical Devices, Medical Consumables & Supplies, Medical Waste Management Services.

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