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Townsquare Media (FRA:2T8) 6-Month Price Index : 1.17 (As of May. 23, 2024)


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What is Townsquare Media 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 (2024-05-23), Townsquare Media's 6-Month Price Index is 1.17.

Competitive Comparison of Townsquare Media's 6-Month Price Index

For the Advertising Agencies subindustry, Townsquare Media'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.

Townsquare Media  (FRA:2T8) 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.

Townsquare Media  (FRA:2T8) 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.

Townsquare Media 6-Month Price Index Related Terms

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

Townsquare Media (FRA:2T8) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Townsquare Media Inc (FRA:2T8) » Definitions » 6-Month Price Index
Comparable Companies
CTV EZOO TZOO ADTH XNET ABLV MCHX STCN WIMI TZUP XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 SAU:4071 ZD
Traded in Other Exchanges
TSQ:USA
Address
One Manhattanville Road, Suite 202, Purchase, New York, NY, USA, 10577
Website
https://www.townsquaremedia.com
Townsquare Media Inc is a radio, digital media, entertainment, and digital marketing solutions company principally focused on being the premier local advertising and marketing solutions platform in small and mid-sized markets across the United States. It has three segments which are Subscription Digital Marketing Solutions, Digital Advertising, and Broadcast Advertising. It earns the majority of the revenue from the Broadcasting Advertising segment. Its portfolio includes local media brands such as WYRK.com, WJON.com, and NJ101.5.com, and premier national music brands such as XXLmag.com, TasteofCountry.com, UltimateClassicRock.com, and Loudwire.com.

Townsquare Media (FRA:2T8) Headlines

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