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L.B. Foster Co (FRA:LB1A) 6-Month Price Index : 1.43 (As of May. 26, 2024)


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What is L.B. Foster Co 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 (2024-05-26), L.B. Foster Co's 6-Month Price Index is 1.43.

Competitive Comparison of L.B. Foster Co's 6-Month Price Index

For the Railroads subindustry, L.B. Foster Co'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.

L.B. Foster Co  (FRA:LB1A) 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.

L.B. Foster Co  (FRA:LB1A) 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.

L.B. Foster Co 6-Month Price Index Related Terms

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L.B. Foster Co (FRA:LB1A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » L.B. Foster Co (FRA:LB1A) » Definitions » 6-Month Price Index
Comparable Companies
RAIL RVSN PNYG USDP UNP TSX:CNR TSX:CP CSX NSC SHSE:601816 WAB HKSE:01766 TSE:9022 HKSE:00066 TSE:9020 SHSE:601006 BOM:542830 GMXT XPAR:GET TSE:9021
Traded in Other Exchanges
FSTR:USA
Address
415 Holiday Drive, Suite 100, Pittsburgh, PA, USA, 15220
Website
https://www.lbfoster.com
L.B. Foster Co is a US-based firm engaged in the manufacturing, fabrication, and distribution of products and services, especially for the rail, construction, energy, and utility industry. The company operates its business through three segments: Rail Technologies and Services; Precast Concrete Products and Steel Products and Measurement. Its principal business activity involves providing new and used rail, trackwork, and accessories, producing concrete railroad ties, insulated rail joints, power rail, track fasteners, coverboards, and sales of sells and rents steel sheet piling, H-bearing pile, and other piling products for foundation and earth retention requirements. It generates the majority of its revenues from the Rail Products and Services segment.

L.B. Foster Co (FRA:LB1A) Headlines

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