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Ningbo Cixing Co (SZSE:300307) 6-Month Price Index : 0.92 (As of May. 27, 2024)


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What is Ningbo Cixing 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 (2024-05-27), Ningbo Cixing Co's 6-Month Price Index is 0.92.


Competitive Comparison of Ningbo Cixing Co's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Ningbo Cixing 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.


Ningbo Cixing Co  (SZSE:300307) 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.


Ningbo Cixing Co  (SZSE:300307) 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.


Ningbo Cixing Co 6-Month Price Index Related Terms

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Ningbo Cixing Co (SZSE:300307) Business Description

Traded in Other Exchanges
N/A
Address
West Weisan Road, Andong Town Industrial Zone, Cixi, CHN, 315327
Ningbo Cixing Co Ltd is engaged in the research and development, manufacture and distribution of computerized knitting machines. The company's main products include computerized flat knitting machines, computerized seamless underwear circular knitting machines, stocking machine, and circular knitting machine.
Executives
Lu De Chun Executives
Liu Dao Cheng Executives
Hu Xue Qun Supervisors
Sun Ping Fan Directors, executives
Yang Xue Lan Securities Affairs Representative
Li Li Jun Directors, executives

Ningbo Cixing Co (SZSE:300307) Headlines

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