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Macfarlane Group (LSE:MACF) 6-Month Price Index : 1.13 (As of Jun. 11, 2024)


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What is Macfarlane Group 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 (2024-06-11), Macfarlane Group's 6-Month Price Index is 1.13.

Competitive Comparison of Macfarlane Group's 6-Month Price Index

For the Packaging & Containers subindustry, Macfarlane Group'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.

Macfarlane Group  (LSE:MACF) 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.

Macfarlane Group  (LSE:MACF) 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.

Macfarlane Group 6-Month Price Index Related Terms

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Macfarlane Group (LSE:MACF) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Macfarlane Group PLC (LSE:MACF) » Definitions » 6-Month Price Index
Comparable Companies
LSE:RBN LSE:CRU LSE:SYM BALL AVY PKG IP AMCR WRK DUB:SK3 CCK TSX:CCL.A GPK XSWX:SIGN BERY LSE:SMDS REYN SON SEE SZSE:002812
Traded in Other Exchanges
MACFl:UK 5K6:Germany
Address
3 Park Gardens, First Floor, Glasgow, GBR, G3 7YE
Website
https://www.macfarlanegroup.com
Macfarlane Group PLC is a United Kingdom-based company, that provides services for the packaging sector. It operates in two segments Packaging Distribution segment, which includes the distribution of packaging materials & supply of storage & warehousing services, & Manufacturing Operations comprises the manufacturing & supplying of self-adhesive labels to fast-moving consumer goods. The business operates Regional Distribution Centers supplying customers with a range of packaging materials & services. It operates across a wide range of sectors such as Aerospace, Defense, Electronics, Medical General, Industrial food, health & beauty, household products, & beverages sectors. It derives key revenue from the Distribution segment. Geographically, it derives the majority revenue from the UK.

Macfarlane Group (LSE:MACF) Headlines

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