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NeoGames (NeoGames) 6-Month Price Index : 1.17 (As of May. 23, 2024)


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What is NeoGames 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), NeoGames's 6-Month Price Index is 1.17.

Competitive Comparison of NeoGames's 6-Month Price Index

For the Gambling subindustry, NeoGames'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.

NeoGames  (NAS:NGMS) 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.

NeoGames  (NAS:NGMS) 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.

NeoGames 6-Month Price Index Related Terms

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

NeoGames (NeoGames) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » NeoGames SA (NAS:NGMS) » Definitions » 6-Month Price Index
Comparable Companies
ACEL EVRI GAMB AGS INSE RSI CDRO CPHC GLXZ KEYR DUB:FLTR OSTO:EVO ASX:ALL DKNG CHDN LSE:ENT LNW ASX:TLC ATH:OPAP XPAR:FDJ
Traded in Other Exchanges
N/A
Address
10 Habarzel Street, Tel Aviv, ISR, 6971014
Website
https://www.neogames.com
NeoGames SA is a technology-driven firm primarily engaged in the lottery industry. It is a B2G and B2B technology and service provider to state lotteries and other lottery operators. It offers solutions for lottery games including instant and draw-based games via personal computers, smartphones, and handheld devices. The company provides services in four key areas namely, marketing operations, player operations, technology operations, and business operations.