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Meituan (HKSE:03690) 6-Month Price Index : 1.28 (As of Jun. 08, 2024)


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What is Meituan 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), Meituan's 6-Month Price Index is 1.28.

Competitive Comparison of Meituan's 6-Month Price Index

For the Internet Retail subindustry, Meituan'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.

Meituan  (HKSE:03690) 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.

Meituan  (HKSE:03690) 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.

Meituan 6-Month Price Index Related Terms

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

Meituan (HKSE:03690) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Meituan (HKSE:03690) » Definitions » 6-Month Price Index
Comparable Companies
HKSE:02148 HKSE:01137 HKSE:02420 HKSE:02101 HKSE:00620 HKSE:01020 HKSE:01039 HKSE:02209 AMZN BABA PDD MELI JD CPNG SE EBAY TSE:4689 BOM:543320 CHWY TSE:4755
Traded in Other Exchanges
MPNGY:USA MPNGF:USA 9MD:Germany
Address
No. 4 Wang Jing East Road, Block B and C, Hengjiweiye Building, Chaoyang District, Beijing, CHN, 100102
Website
https://about.meituan.com
Meituan is the largest food delivery service in China, with a 70.7% share of the market in 2020 per the Chinese government. For the quarter-ended Sept. 30, 2021, the firm generated 54.2% of revenue from food delivery services, 17.7% from hotel booking, coupon sales, advertising, and 28.1% from new initiatives. In the long term, its new initiatives business may transform the company into an all-encompassing grocer and logistics business involving community group buying, nonfood delivery, and online grocery, overtaking food delivery as its main business.
Executives
Tmf (cayman) Ltd.
Wang Xing
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Blackrock, Inc. 2201 Interest of corporation controlled by you
Brown Brothers Harriman & Co. 2502 Approved lending agent
Mu Rongjun
Tencent Holdings Limited
Cantrust (far East) Limited
Crown Holdings Asia Limited 2101 Beneficial owner
Songtao Limited 2201 Interest of corporation controlled by you
Charmway Enterprises Company Limited 2101 Beneficial owner
Day One Holdings Limited 2201 Interest of corporation controlled by you
Huai River Investment Limited
Tencent Mobility Limited

Meituan (HKSE:03690) Headlines

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