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Lafarge Africa (NSA:WAPCO) 6-Month Price Index : 1.18 (As of May. 28, 2024)


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What is Lafarge Africa 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 (2024-05-28), Lafarge Africa's 6-Month Price Index is 1.18.

Competitive Comparison of Lafarge Africa's 6-Month Price Index

For the Building Materials subindustry, Lafarge Africa'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.

Lafarge Africa  (NSA:WAPCO) 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.

Lafarge Africa  (NSA:WAPCO) 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.

Lafarge Africa 6-Month Price Index Related Terms

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

Lafarge Africa (NSA:WAPCO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Lafarge Africa PLC (NSA:WAPCO) » Definitions » 6-Month Price Index
Comparable Companies
DHA:DHAKABANK DHA:EBL DHA:DUTCHBANGL DHA:UTTARABANK DHA:UCB DHA:ONEBANKLTD DHA:BRACBANK DHA:IFIC DHA:PRIMEBANK DHA:BANKASIA CRH XSWX:HOLN NSE:ULTRACEMCO VMC MLM SHSE:600585 XKRX:003670 NSE:GRASIM XTER:HEI BOM:500387
Traded in Other Exchanges
N/A
Address
No. 27B, Gerrard Road, Ikoyi, Lagos, NGA
Website
https://www.lafarge.com.ng
Lafarge Africa PLC through its subsidiaries is engaged in the manufacturing and marketing of cement, concrete, and aggregates products, including the provision of building solutions. Its products include Ashakacem, UniCem, Elephant cement, Lafarge Powermax, RoadCem, and Supaset cement among others. It has operations in South Africa and Nigeria generating a vast majority of its revenues within Nigeria from the sales of Cement. It has two segments Cement & Readymixed products. The majority is from the cement segment.

Lafarge Africa (NSA:WAPCO) Headlines

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