Flowtech Fluidpower (LSE:FLO) 6-Month Price Index : 1.35 (As of May. 26, 2024)

View and export this data going back to 2014. Start your Free Trial

What is Flowtech Fluidpower 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 (2024-05-26), Flowtech Fluidpower's 6-Month Price Index is 1.35.

Competitive Comparison of Flowtech Fluidpower's 6-Month Price Index

For the Industrial Distribution subindustry, Flowtech Fluidpower'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.

Flowtech Fluidpower (LSE:FLO) 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.

Flowtech Fluidpower (LSE:FLO) 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.

Flowtech Fluidpower 6-Month Price Index Related Terms

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

Flowtech Fluidpower (LSE:FLO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Flowtech Fluidpower PLC (LSE:FLO) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

2FW:Germany

Address

Bollin House, Bollin Walk, Wilmslow, GBR, SK9 1DP

Website

https://www.flowtechfluidpower.com

Flowtech Fluidpower PLC is a supplier of technical fluid power products with modern distribution facilities in the UK and Benelux. The company operates in three segments, Flowtech, Fluidpower Group Solutions and Fluidpower Group Services. It derives majority of its revenue from the United Kingdom and has a presence in Europe and the Rest of the World.