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MGP Ingredients (FRA:M1I) 6-Month Price Index : 0.83 (As of May. 27, 2024)


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What is MGP Ingredients 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 (2024-05-27), MGP Ingredients's 6-Month Price Index is 0.83.

Competitive Comparison of MGP Ingredients's 6-Month Price Index

For the Beverages - Wineries & Distilleries subindustry, MGP Ingredients'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.

MGP Ingredients  (FRA:M1I) 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.

MGP Ingredients  (FRA:M1I) 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.

MGP Ingredients 6-Month Price Index Related Terms

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

MGP Ingredients (FRA:M1I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » MGP Ingredients Inc (FRA:M1I) » Definitions » 6-Month Price Index
Comparable Companies
NAPA SNDL CWGL WVVI VWE FVTI SBEV VINE SVIN LQR SHSE:600519 SZSE:000858 LSE:DGE STZ SHSE:600809 XPAR:RI SZSE:000568 BF.B SZSE:002304 SZSE:000596
Traded in Other Exchanges
MGPI:USA
Address
100 Commercial Street, P.O. Box 130, Atchison, KS, USA, 66002
Website
https://www.mgpingredients.com
MGP Ingredients Inc is a producer and supplier of premium distilled spirits and specialty wheat protein and starch food ingredients. MGP also produces high-quality industrial alcohol for use in both food and non-food applications. It operates in three segments: Distillery Solutions, Branded Spirits Segment, and Ingredient Solutions. Distillery Solutions provides distillery co-products, such as distillers feed, fuel grade alcohol, and corn oil: and warehouse services, including barrel put away, storage, and retrieval services. It derives most of its revenue from the Distillery Solutions segment.

MGP Ingredients (FRA:M1I) Headlines

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