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Lightning eMotors (FRA:9LK) 6-Month Price Index : 1.00 (As of Jun. 04, 2024)


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What is Lightning eMotors 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), Lightning eMotors's 6-Month Price Index is 1.00.

Competitive Comparison of Lightning eMotors's 6-Month Price Index

For the Farm & Heavy Construction Machinery subindustry, Lightning eMotors'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.

Lightning eMotors  (FRA:9LK) 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.

Lightning eMotors  (FRA:9LK) 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.

Lightning eMotors 6-Month Price Index Related Terms

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

Lightning eMotors (FRA:9LK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Lightning eMotors Inc (FRA:9LK) » Definitions » 6-Month Price Index
Comparable Companies
AMMX CEAD ARTW CLEV CAT DE PCAR OSTO:VOLV A TSE:6201 TSE:6301 XAMS:EXO OSTO:EPI A SHSE:600031 TSE:6326 CNHI SZSE:000425 AGCO OHEL:METSO SZSE:000157 BOM:500477
Traded in Other Exchanges
ZEVY:USA
Address
815 14th Street South West, Suite A100, Loveland, CO, USA, 80537
Website
https://www.lightningemotors.com
Lightning eMotors Inc is engaged in designing and manufacturing zero-emission commercial trucks and buses and charging infrastructure solutions for fleets, large enterprises, original equipment manufacturers, and governments. Its product offerings range from cargo vans, transit and shuttle buses, school buses, specialty work trucks, ambulances, and electric powertrains for school buses, transit buses, and motor coaches. Its product solutions help its customers reduce their greenhouse gas emissions, lower operating costs and improve energy efficiency.

Lightning eMotors (FRA:9LK) Headlines

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