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CareRx (TSX:CRRX) 6-Month Price Index : 1.53 (As of Jun. 06, 2024)


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What is CareRx 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 (2024-06-06), CareRx's 6-Month Price Index is 1.53.

Competitive Comparison of CareRx's 6-Month Price Index

For the Medical Care Facilities subindustry, CareRx'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.

CareRx  (TSX:CRRX) 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.

CareRx  (TSX:CRRX) 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.

CareRx 6-Month Price Index Related Terms

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

CareRx (TSX:CRRX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » CareRx Corp (TSX:CRRX) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:KDA TSXV:NLH TSX:NUMI TSXV:PHA TSXV:NPTH TSXV:JNH TSXV:ELM TSX:AIDX TSX:DR HCA SAU:4013 XTER:FRE SZSE:300015 THC BSP:RDOR3 BKK:BDMS XTER:FME DVA UHS XKLS:5225
Traded in Other Exchanges
CHHHF:USA
Address
320 Bay Street, Suite 1200, Toronto, ON, CAN, M5H 4A6
Website
https://www.carerx.ca
CareRx Corp is a provider of specialty pharmacy services to seniors. The company is a national organization with a large network of pharmacy fulfilment centers strategically located across the country. This allows it to deliver medications in a timely and cost-effective manner and quickly respond to routine changes in medication management. It takes an active role in working with its home operator partners to promote resident health, staff education, and medication system quality and efficiency. Geographically it derives revenue from the sales of goods and capitated service fees in Ontario and Western Canada.
Executives
Kevin Dalton Director

CareRx (TSX:CRRX) Headlines

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