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Ackroo (TSXV:AKR) 6-Month Price Index : 1.22 (As of Jun. 04, 2024)


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What is Ackroo 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), Ackroo's 6-Month Price Index is 1.22.


Competitive Comparison of Ackroo's 6-Month Price Index

For the Software - Application subindustry, Ackroo'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.


Ackroo  (TSXV:AKR) 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.


Ackroo  (TSXV:AKR) 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.


Ackroo 6-Month Price Index Related Terms

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


Ackroo (TSXV:AKR) Business Description

Traded in Other Exchanges
Address
1250 South Service Road, Unit A3-1 (3rd Floor), Hamilton, ON, CAN, L8E 5R9
Ackroo Inc provides marketing, payment, and point-of-sale solutions for merchants of all sizes. Through a SaaS-based business model, the company provides an in-store and online automated solution to help merchants process loyalty, gift card, and promotional transactions at the point of sale, provide key administrative and marketing data, and to allow customers to access and manage their loyalty and gift card accounts. Its payment services provide merchants with low-cost payment processing options through some of the world's largest payment technology and service providers. Ackroo's hybrid management and point-of-sale solutions help manage and optimize the general operations for niche industries including golf clubs, automotive dealers, and more.
Executives
Stephen Alexander Levely Senior Officer