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Nanjing Iron & Steel Co (SHSE:600282) 6-Month Price Index : 1.36 (As of Jun. 07, 2024)


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What is Nanjing Iron & Steel Co 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 (2024-06-07), Nanjing Iron & Steel Co's 6-Month Price Index is 1.36.


Competitive Comparison of Nanjing Iron & Steel Co's 6-Month Price Index

For the Steel subindustry, Nanjing Iron & Steel Co'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.


Nanjing Iron & Steel Co  (SHSE:600282) 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.


Nanjing Iron & Steel Co  (SHSE:600282) 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.


Nanjing Iron & Steel Co 6-Month Price Index Related Terms

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Nanjing Iron & Steel Co (SHSE:600282) Business Description

Traded in Other Exchanges
N/A
Address
Dejiadian, Liuhe District, Jiangsu Province, Nanjing, CHN, 210035
Nanjing Iron & Steel Co Ltd is a China-based company engaged in the business of production and selling of steel products. The company produces rolls, bars, high-speed wire, strips and other steel products. The products are used are used in LNG storage and utilization, shipbuilding and marine engineering, high-speed railway, power steel, automotive steel, bridges and other industries. The company sells its products in China and other international countries.
Executives
Tang Rui senior management
Shao Ren Zhi senior management
Su Bin Director
Zhu Rui Rong Directors, senior managers
Qian Shun Jiang Director
Zhu Ping senior management
Xu Xiao Chun senior management
Zhao Rui Jiang Supervisors
Huang Yi Xin Director
Chu Jue Fei senior management
Chang Jian Hua senior management
Lin Guo Qiang senior management
Yu Zhang Lin senior management
Xu Lin senior management
Yao Yong Kuan Directors, senior managers

Nanjing Iron & Steel Co (SHSE:600282) Headlines

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