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Wesbanco (FRA:WEY) 6-Month Price Index : 1.08 (As of May. 23, 2024)


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What is Wesbanco 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), Wesbanco's 6-Month Price Index is 1.08.

Competitive Comparison of Wesbanco's 6-Month Price Index

For the Banks - Regional subindustry, Wesbanco'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.

Wesbanco  (FRA:WEY) 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.

Wesbanco  (FRA:WEY) 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.

Wesbanco 6-Month Price Index Related Terms

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

Wesbanco (FRA:WEY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Wesbanco Inc (FRA:WEY) » Definitions » 6-Month Price Index
Comparable Companies
IBTX TFIN TBBK RNST MBIN NBTB BANR OFG CHCO HTLF NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP
Traded in Other Exchanges
WSBCP.PFD:USA WSBC:USA
Address
1 Bank Plaza, Wheeling, WV, USA, 26003
Website
https://www.wesbanco.com
Wesbanco Inc is a bank holding company that offers a full range of financial services, including retail banking, corporate banking, personal and corporate trust services, brokerage services, mortgage banking, and insurance. The company has two reportable segments: community banking and trust and investment services. WesBanco operates one commercial bank, WesBanco Bank, which runs scores of branches. Its market service area primarily includes the Rust Belt region of the United States. Commercial real estate accounts for nearly half of the bank's loan portfolio. The bank has historically grown through both organic growth and acquisitions. The bank's primary component of net revenue is net interest income.

Wesbanco (FRA:WEY) Headlines

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