Bantec (Bantec) 6-1 Month Momentum % : -62.50% (As of May. 28, 2024)

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What is Bantec 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-28), Bantec's 6-1 Month Momentum % is -62.50%.

The industry rank for Bantec's 6-1 Month Momentum % or its related term are showing as below:

BANT's 6-1 Month Momentum % is ranked worse than
98.39% of 311 companies
in the Aerospace & Defense industry
Industry Median: 6.86 vs BANT: -62.50

Competitive Comparison of Bantec's 6-1 Month Momentum %

For the Aerospace & Defense subindustry, Bantec's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % 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.

Bantec's 6-1 Month Momentum % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Bantec's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Bantec's 6-1 Month Momentum % falls into.

Bantec (OTCPK:BANT) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %

( Price 1-month ago

Price 6-month ago

- 1 )

100 %

* 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.

Bantec (OTCPK:BANT) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.

Bantec 6-1 Month Momentum % Related Terms

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Bantec (Bantec) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Bantec Inc (OTCPK:BANT) » Definitions » 6-1 Month Momentum %

Comparable Companies

Traded in Other Exchanges

N/A

Address

195 Paterson Avenue, Little Falls, NJ, USA, 07424

Website

http://www.bantecinc.com

Bantec Inc along with its subsidiaries provides unmanned aerial vehicles (UAV) and related services. Principally, it is engaged in the business of research, design, development, testing, manufacturing, distribution, exportation, and integration of low-altitude UAV systems, services, and products. The company also provides procurement, distribution, and logistics services. It focuses on distributing, Drones and related services and Environmental/Construction products and services. The company has three operating segments; Howco, Drone LLC, and Bantec Sanitizing Inc.

Executives

Michael John Bannon	director, 10 percent owner, officer: President and CEO	138 4TH AVE, MILFORD CT 00460
Rodrigo Rangel Kuntz	director	AV. HENRIQUE PERES, 68 SL 03, MOGI DOS CRUZES D5 08735-400