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Penske Automotive Group (FRA:UA9) 6-Month Price Index : 0.99 (As of Jun. 09, 2024)


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What is Penske Automotive Group 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 (2024-06-09), Penske Automotive Group's 6-Month Price Index is 0.99.

Competitive Comparison of Penske Automotive Group's 6-Month Price Index

For the Auto & Truck Dealerships subindustry, Penske Automotive Group'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.

Penske Automotive Group  (FRA:UA9) 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.

Penske Automotive Group  (FRA:UA9) 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.

Penske Automotive Group 6-Month Price Index Related Terms

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

Penske Automotive Group (FRA:UA9) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Penske Automotive Group Inc (FRA:UA9) » Definitions » 6-Month Price Index
Comparable Companies
KMX CVNA LAD AN ABG GPI RUSHA ACVA CARG ALTB XBRU:DIE TPE:2207 HKSE:00881 LSE:INCH TSE:4732 SAH IST:DOAS KAR DRVN ASX:APE
Traded in Other Exchanges
PAG:USA
Address
2555 Telegraph Road, Bloomfield Hills, MI, USA, 48302-0954
Website
https://www.penskeautomotive.com
Penske Automotive Group operates in about 20 U.S. states and overseas. It has about 150 U.S. light-vehicle stores including in Puerto Rico as well as 189 franchised dealerships overseas, primarily in the United Kingdom. The company is the second-largest U.S.-based dealership in terms of light-vehicle revenue and sells more than 35 brands, with over 90% of retail automotive revenue coming from luxury and import names. Other services, in addition to new and used vehicles, are parts and repair and finance and insurance. The firm's Premier Truck Group owns 44 truck dealerships selling mostly Freightliner and Western Star brands, and Penske owns 20 CarShop used-vehicle stores in the U.S. and U.K. The company is based in Michigan and was called United Auto Group before changing its name in 2007.

Penske Automotive Group (FRA:UA9) Headlines

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