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Slingsby (H C) (LSE:SLNG) 6-Month Price Index : 1.00 (As of Jun. 04, 2024)


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What is Slingsby (H C) 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 (2024-06-04), Slingsby (H C)'s 6-Month Price Index is 1.00.


Competitive Comparison of Slingsby (H C)'s 6-Month Price Index

For the Industrial Distribution subindustry, Slingsby (H C)'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.


Slingsby (H C)  (LSE:SLNG) 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.


Slingsby (H C)  (LSE:SLNG) 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.


Slingsby (H C) 6-Month Price Index Related Terms

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Slingsby (H C) (LSE:SLNG) Business Description

Traded in Other Exchanges
N/A
Address
Otley Road, Baildon, Shipley, W Yorks, GBR, BD17 7LW
Slingsby (H C) PLC is a UK-based company engaged in the merchanting and distribution of a range of industrial and commercial equipment primarily consisting of incidental purchasing supplies. It offers products across various sectors such as handling and lifting, wheels and castors, ladders and steps, storage and shelving, office, safety and security, workwear, cleaning and hygiene, mailroom and packaging, workshop and maintenance, waste and recycling, premises, lockers and cloakroom, signs and labels, and flooring and matting. All the operations of the group are based in the UK.