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Fastenal Co (WBO:FAST) 6-Month Price Index : 1.29 (As of Dec. 11, 2024)


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What is Fastenal 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 (2024-12-11), Fastenal Co's 6-Month Price Index is 1.29.

Competitive Comparison of Fastenal Co's 6-Month Price Index

For the Industrial Distribution subindustry, Fastenal 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.

Fastenal Co  (WBO:FAST) 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.

Fastenal Co  (WBO:FAST) 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.

Fastenal Co 6-Month Price Index Related Terms

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

Fastenal Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Fastenal Co (WBO:FAST) » Definitions » 6-Month Price Index
Comparable Companies
FERG GWW WSO POOL AIT WCC CNM BECN SITE MSM ASX:REH OSTO:INDT LSE:DPLM OSTO:ADDT B TSX:TIH WBO:ANDR LSE:RS1 REZI TSX:FTT XSWX:DAE
Traded in Other Exchanges
FAST:USA FAST:Mexico 0IKW:UK FAS:Germany FAS:Germany FAS:Germany
Address
2001 Theurer Boulevard, Winona, MN, USA, 55987-1500
Website
https://www.fastenal.com
Fastenal opened its first fastener store in 1967 in Winona, Minnesota. Since then, it has greatly expanded its footprint as well as its products and services. Today, Fastenal serves its 400,000 active customers through approximately 1,600 branches, over 1,800 on-site locations, and 15 distribution centers. Since 1993, the company has added other product categories, but fasteners remain its largest category at about 30%-35% of sales. Fastenal also offers customers supply chain solutions, such as vending and vendor-managed inventory.