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Progressive Path Group Holdings (HKSE:01581) 6-Month Price Index : 0.89 (As of May. 31, 2024)


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What is Progressive Path Group Holdings 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 (2024-05-31), Progressive Path Group Holdings's 6-Month Price Index is 0.89.


Competitive Comparison of Progressive Path Group Holdings's 6-Month Price Index

For the Rental & Leasing Services subindustry, Progressive Path Group Holdings'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.


Progressive Path Group Holdings  (HKSE:01581) 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.


Progressive Path Group Holdings  (HKSE:01581) 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.


Progressive Path Group Holdings 6-Month Price Index Related Terms

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Progressive Path Group Holdings (HKSE:01581) Business Description

Traded in Other Exchanges
N/A
Address
Number 22 Hoi Wing Road, Unit 1108, 11th Floor, Tuen Mun Central Square, Tuen Mun, New Territories, Hong Kong, HKG
Progressive Path Group Holdings Ltd is engaged in construction engineering work and the provision of construction machinery rental services in Hong Kong. Its construction machinery rental services represent the rental of construction machines and construction vehicles to customers, and the provision of machine operators and transportation services as part of its one-stop construction machinery rental services. Its construction works represent the construction projects undertaken, the nature of which are broadly classified as foundation and site formation works, and builder's work and general building works. Its segments are Construction works and Construction Machinery Rental.
Executives
Profit Gold Global Limited 2101 Beneficial owner
Kwok Wai Sheung Melody 2202 Interest of your spouse
Wu Wing Hang 2201 Interest of corporation controlled by you

Progressive Path Group Holdings (HKSE:01581) Headlines

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