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Mooreast Holdings (SGX:1V3) 6-Month Price Index : 0.63 (As of Jun. 02, 2024)


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What is Mooreast 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 (2024-06-02), Mooreast Holdings's 6-Month Price Index is 0.63.

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

For the Aerospace & Defense subindustry, Mooreast 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.

Mooreast Holdings  (SGX:1V3) 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.

Mooreast Holdings  (SGX:1V3) 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.

Mooreast Holdings 6-Month Price Index Related Terms

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

Mooreast Holdings (SGX:1V3) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Mooreast Holdings Ltd (SGX:1V3) » Definitions » 6-Month Price Index
Comparable Companies
SGX:A04 SGX:BEZ SGX:5RC SGX:1J4 SGX:BTM RTX BA LMT XPAR:AIR NOC GD XPAR:SAF TDG LSE:BA. LHX XPAR:HO LSE:RR. HEI.A HWM SHSE:600760
Traded in Other Exchanges
N/A
Address
51 Shipyard Road, Mooreast Offshore Base, Singapore, SGP, 628139
Website
https://www.mooreast.com
Mooreast Holdings Ltd is a total mooring solutions specialist, serving the offshore oil and gas, marine and offshore renewable energy industries. With strong in-house capabilities in design, engineering and fabrication, the company offers a full range of mooring solutions including the design, engineering, fabrication, supply, mobilisation and logistics, installation and commissioning services for mooring systems and mooring system components as well as the provision of rigging and heavy lifting equipment.

Mooreast Holdings (SGX:1V3) Headlines

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