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Gansu Jiu Steel Group Hongxing Iron And Steel Co (SHSE:600307) 6-Month Price Index : 1.21 (As of Mar. 19, 2025)


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What is Gansu Jiu Steel Group Hongxing Iron And Steel 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 (2025-03-19), Gansu Jiu Steel Group Hongxing Iron And Steel Co's 6-Month Price Index is 1.21.


Competitive Comparison of Gansu Jiu Steel Group Hongxing Iron And Steel Co's 6-Month Price Index

For the Steel subindustry, Gansu Jiu Steel Group Hongxing Iron And Steel 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.


Gansu Jiu Steel Group Hongxing Iron And Steel Co  (SHSE:600307) 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.


Gansu Jiu Steel Group Hongxing Iron And Steel Co  (SHSE:600307) 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.


Gansu Jiu Steel Group Hongxing Iron And Steel Co 6-Month Price Index Related Terms

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Gansu Jiu Steel Group Hongxing Iron And Steel Co Business Description

Traded in Other Exchanges
N/A
Address
No. 12 Xiongguang East Road, Gansu Province, Jiayuguan, CHN, 715300
Gansu Jiu Steel Group Hongxing Iron And Steel Co Ltd is a China-based company engaged in the business of production and sale of carbon steel and stainless steel production systems. The company's carbon steel products cover four major series of wires, rods, plates, and belts whereas the stainless steel products include ferrite, austenite, martensite, and duplex stainless steel. It sells the products in China and also exports it to other international countries.
Executives
Wang Jian Yuan Supervisors

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