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Lenzing AG (STU:LEN) 6-Month Price Index : 0.98 (As of Jun. 08, 2024)


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What is Lenzing AG 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 (2024-06-08), Lenzing AG's 6-Month Price Index is 0.98.

Competitive Comparison of Lenzing AG's 6-Month Price Index

For the Textile Manufacturing subindustry, Lenzing AG'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.

Lenzing AG  (STU:LEN) 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.

Lenzing AG  (STU:LEN) 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.

Lenzing AG 6-Month Price Index Related Terms

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

Lenzing AG (STU:LEN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lenzing AG (STU:LEN) » Definitions » 6-Month Price Index
Comparable Companies
WAR:ITB WAR:MRB WAR:PBX WAR:CPR WAR:MSW WAR:MSZ WAR:STX WAR:RRH WAR:PJP WAR:DEK SAU:2010 TSE:4063 XTER:BAS DOW XKRX:051910 SZSE:002493 SHSE:600989 XKRX:086520 CE XKLS:5183
Traded in Other Exchanges
LNZNF:USA 0NCV:UK LEN:Germany LNZ:Austria
Address
Werkstrasse 2, Lenzing, AUT, 4860
Website
https://www.lenzing.com
Lenzing AG manufactures and sells wood-based cellulose fibers and other chemical-based products. The company's segment includes The Division Fiber produces all three generations of wood-based cellulosic fibers and markets them under the product brands TENCEL, VEOCEL, LENZING ECOVERO, and LENZING. the products made from lyocell, modal, and viscose fibers are used for the production of textiles as well as nonwovens and special applications, The Division Pulp produces and procures dissolving pulp for fiber production. The pulp is used for the company's own cellulosic fiber production and marketed externally, and Others include central headquarters functions. It derives a majority of its revenue from the Division fiber segment.