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Cresco Labs (XCNQ:CL) 6-Month Price Index : 0.62 (As of Dec. 14, 2024)


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What is Cresco Labs 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 (2024-12-14), Cresco Labs's 6-Month Price Index is 0.62.

Competitive Comparison of Cresco Labs's 6-Month Price Index

For the Drug Manufacturers - Specialty & Generic subindustry, Cresco Labs'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.

Cresco Labs  (XCNQ:CL) 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.

Cresco Labs  (XCNQ:CL) 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.

Cresco Labs 6-Month Price Index Related Terms

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

Cresco Labs Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Cresco Labs Inc (XCNQ:CL) » Definitions » 6-Month Price Index
Comparable Companies
TSX:GUD TSX:WEED TSX:CPH TSX:DHT.U TSX:ACB NEOE:VRNO TSX:TSND NEOE:GLAS.A.U TSX:OGI XCNQ:GRIN ZTS XTER:MRK NSE:SUNPHARMA LSE:HLN TSE:4502 XSWX:GALD XSWX:SDZ XTAE:TEVA NSE:DIVISLAB VTRS
Traded in Other Exchanges
CRLBF:USA 6CQ:Germany
Address
400 West Erie Street, Suite 110, Chicago, IL, USA, 60654
Website
https://www.crescolabs.com
Cresco Labs Inc is a vertically-integrated multi-state cannabis operator in the United States licensed to cultivate, manufacture and sell retail and medical cannabis products through Sunnyside, Cresco Labs' national dispensary brand and others. The Company operates in one segment, the cultivation, manufacturing, distribution and sale of cannabis.