GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Guangzhou Tech-Long Packing Machine Co Ltd (SZSE:002209) » Definitions » 6-Month Price Index

Guangzhou Tech-Long Packing Machine Co (SZSE:002209) 6-Month Price Index : 0.71 (As of Jun. 19, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Guangzhou Tech-Long Packing Machine 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 (2024-06-19), Guangzhou Tech-Long Packing Machine Co's 6-Month Price Index is 0.71.


Competitive Comparison of Guangzhou Tech-Long Packing Machine Co's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Guangzhou Tech-Long Packing Machine 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.


Guangzhou Tech-Long Packing Machine Co  (SZSE:002209) 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.


Guangzhou Tech-Long Packing Machine Co  (SZSE:002209) 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.


Guangzhou Tech-Long Packing Machine Co 6-Month Price Index Related Terms

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


Guangzhou Tech-Long Packing Machine Co (SZSE:002209) Business Description

Traded in Other Exchanges
N/A
Address
No. 23, Yunpu 1 Road, Huangpu District, Guangzhou, CHN, 510530
Guangzhou Tech-long Packing Machine Co. Ltd is a provider of turnkey solutions for global liquid product manufacturers. The company mainly provides equipment for the liquid packaging industry. Its products offer water treatment solutions, beverage pre-treatment systems, and others. The product portfolio includes water treatment system, blow molding machines, filling machine, large container filling machine, packaging machine, conveying machine and others.
Executives
Chen Gang Director
Zhang Chong Ming Executives
Zhang Song Ming Directors, executives
Xie Wei Supervisors
Wang Hao Hui Independent director
Zou Da Qun Director
Kong Xiang Jie Directors, executives
Zhang Zan Ming Executives
Wang Wei Dong Directors, executives
Wang Zhong Directors, executives

Guangzhou Tech-Long Packing Machine Co (SZSE:002209) Headlines

No Headlines