GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The Middleby Corp (LTS:0K1G) » Definitions » 6-Month Price Index

The Middleby (LTS:0K1G) 6-Month Price Index : 1.03 (As of May. 24, 2024)


View and export this data going back to 2018. Start your Free Trial

What is The Middleby 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 (2024-05-24), The Middleby's 6-Month Price Index is 1.03.

Competitive Comparison of The Middleby's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, The Middleby'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.

The Middleby  (LTS:0K1G) 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.

The Middleby  (LTS:0K1G) 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.

The Middleby 6-Month Price Index Related Terms

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

The Middleby (LTS:0K1G) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » The Middleby Corp (LTS:0K1G) » Definitions » 6-Month Price Index
Comparable Companies
CR GNRC WTS DCI GTLS FLS FELE GTES ITT RRX XTER:SIE XPAR:SU ETN OSTO:ATCO A ITW PH XKRX:373220 EMR AME CMI
Traded in Other Exchanges
MIDD:USA MBY:Germany
Address
1400 Toastmaster Drive, Elgin, IL, USA, 60120
Website
https://www.middleby.com
The Middleby Corp is engaged in designing, manufacturing, marketing, distribution and service of a broad line of foodservice equipment used in all types of commercial restaurants and institutional kitchens, food preparation, cooking, baking, chilling and packaging equipment for food processing operations, and premium kitchen equipment including ranges, ovens, refrigerators, ventilation, dishwashers and outdoor cooking equipment primarily used in the residential market. The company conducts its business through three principal business segments namely the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The firm derives majority revenue from Commercial Foodservice Equipment Group segment.

The Middleby (LTS:0K1G) Headlines

No Headlines