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WestBond Enterprises (TSXV:WBE) 6-Month Price Index : 0.92 (As of Jun. 06, 2024)


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What is WestBond Enterprises 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), WestBond Enterprises's 6-Month Price Index is 0.92.

Competitive Comparison of WestBond Enterprises's 6-Month Price Index

For the Paper & Paper Products subindustry, WestBond Enterprises'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.

WestBond Enterprises  (TSXV:WBE) 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.

WestBond Enterprises  (TSXV:WBE) 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.

WestBond Enterprises 6-Month Price Index Related Terms

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

WestBond Enterprises (TSXV:WBE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » WestBond Enterprises Corp (TSXV:WBE) » Definitions » 6-Month Price Index
Comparable Companies
TSX:TRX TSX:ORA TSXV:OGN TSX:ARIS TSX:SSL TSX:KRR TSX:OGC TSX:KNT TSX:VGCX TSX:GAU OHEL:UPM BSP:SUZB3 OHEL:STERV BUE:CELU LSE:MNDI OSTO:HOLM A SZSE:002078 BSP:KLBN3 XSGO:CMPC TSE:3861
Traded in Other Exchanges
WBNEF:USA
Address
7403 Progress Way, Unit 101, Delta, BC, CAN, V4G 1E7
Website
https://www.westbond.ca
WestBond Enterprises Corp is mainly engaged in manufacturing and selling disposable paper products for medical, hygienic, and industrial uses. The company operates in a single segment of Disposable Paper Products. Its products are categorized under Personal hygiene, Clinical, Long-term care, Non-clinical air-laid, and Other products. The company's product pipeline includes examination table paper, dental bibs, sheets, pillowcases, gowns, aprons, Jumbo Roll Bathroom Tissue, Conventional Bathroom Tissue, Towels such as Center Pull, Kraft Roll, and Single Fold, Roll Air Laid Wipes, among others.
Executives
John Douglas Seppala Director

WestBond Enterprises (TSXV:WBE) Headlines

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