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Medtecs International (SGX:546) 6-Month Price Index : 1.04 (As of Apr. 30, 2024)


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What is Medtecs International 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 (2024-04-30), Medtecs International's 6-Month Price Index is 1.04.

Competitive Comparison of Medtecs International's 6-Month Price Index

For the Medical Instruments & Supplies subindustry, Medtecs International'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.

Medtecs International  (SGX:546) 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.

Medtecs International  (SGX:546) 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.

Medtecs International 6-Month Price Index Related Terms

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

Medtecs International (SGX:546) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Medtecs International Corp Ltd (SGX:546) » Definitions » 6-Month Price Index
Comparable Companies
SGX:8K7 ISRG XPAR:EL BDX XSWX:ALC TSE:7741 WST OCSE:COLO B TSE:4543 RMD XSWX:STMN BAX TSE:7733 XPAR:DIM HOLX COO SZSE:300896 TSE:6869 STVN TFX
Traded in Other Exchanges
9103:Taiwan
Address
No. 330 Sen. Gil J. Puyat Avenue, 22nd Floor, The World Centre, Makati, PHL, 1227
Website
https://www.medtecs.com
Medtecs International Corp Ltd is an investment holding company. The company along with its subsidiaries is a manufacturer of medical consumables and provides healthcare products and services. It operates in three segments The Manufacturing segment produces and sub-contracts medical consumables, including patients apparels, disposable surgical masks, boot covers and surgical gowns, adult diapers, underpads, crochet blankets, bed linens and medical bandages. The Hospital services segment provides laundry and leasing services. The Distribution segment is involved in the marketing of Medtecs-branded medical consumables to hospitals, pharmacies, and other end users. It generates the highest revenue from the Manufacturing segment.

Medtecs International (SGX:546) Headlines

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