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Proto Labs (WBO:PRLB) 6-Month Price Index : 1.32 (As of Apr. 28, 2024)


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What is Proto 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 (2024-04-28), Proto Labs's 6-Month Price Index is 1.32.

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

For the Metal Fabrication subindustry, Proto 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.

Proto Labs  (WBO:PRLB) 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.

Proto Labs  (WBO:PRLB) 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.

Proto Labs 6-Month Price Index Related Terms

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

Proto Labs (WBO:PRLB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Proto Labs Inc (WBO:PRLB) » Definitions » 6-Month Price Index
Comparable Companies
HAYN IIIN NWPX RYI MEC TG CMPO GIFI TPCS AP ATI MLI XTER:TKA SHSE:688122 TPE:2474 ESAB SZSE:000039 XTER:NDA CRS WOR
Traded in Other Exchanges
PRLB:USA PRZ:Germany
Address
5540 Pioneer Creek Drive, Maple Plain, MN, USA, 55359
Website
https://www.protolabs.com
Proto Labs Inc is an on-demand manufacturer of custom parts for prototyping and short-run production. The company offers developers and engineers quick-turn production services to reduce the time to market. Proto Labs uses injection molding, computer numerical control machining, and 3-D printing to manufacture custom parts for its clients. The company services clients' needs for prototype solutions, parts for testing procedures, bridge production capabilities during disruptions in manufacturing processes, limited-quantity requests, and end-of-life production support. The majority of its revenue is derived from the United States of America.