Shanghai Guao Electronic Technology Co (SZSE:300551) 6-Month Price Index : 0.22 (As of Jun. 04, 2024)

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What is Shanghai Guao Electronic Technology 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 (2024-06-04), Shanghai Guao Electronic Technology Co's 6-Month Price Index is 0.22.

Competitive Comparison of Shanghai Guao Electronic Technology Co's 6-Month Price Index

For the Business Equipment & Supplies subindustry, Shanghai Guao Electronic Technology 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.

Shanghai Guao Electronic Technology Co (SZSE:300551) 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.

Shanghai Guao Electronic Technology Co (SZSE:300551) 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.

Shanghai Guao Electronic Technology Co 6-Month Price Index Related Terms

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Shanghai Guao Electronic Technology Co (SZSE:300551) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Shanghai Guao Electronic Technology Co Ltd (SZSE:300551) » Definitions » 6-Month Price Index

Traded in Other Exchanges

N/A

Address

No.6, Alley 1225 TongPu Road, PuTuo District, Shanghai, CHN, 200333

Website

http://www.gooao.cn

Shanghai Guao Electronic Technology Co Ltd is a high-tech enterprise specializing in research and development, production, sales and service of financial equipment in China. Its products portfolio includes banknote (coin) sorting machine, the banknote clearing line, the RMB point detector, the multi-country currency point detector, the banknote clearing and laminating machine, the banknote machine, the multi-country currency identification instrument, and the clearing machine.

Executives

Hou Yao Qi	Director
Chen Chong Jun	Director
Li Rui Ming	Executives
Zhang Xiang Yu	Directors, executives
Jiang Xiao Dan	Directors, executives
Liu Peng	Securities Affairs Representative

Shanghai Guao Electronic Technology Co (SZSE:300551) Headlines

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