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Matthews International (STU:MW1A) 6-Month Price Index : 0.81 (As of May. 23, 2024)


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What is Matthews International 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), Matthews International's 6-Month Price Index is 0.81.

Competitive Comparison of Matthews International's 6-Month Price Index

For the Conglomerates subindustry, Matthews International'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.

Matthews International  (STU:MW1A) 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.

Matthews International  (STU:MW1A) 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.

Matthews International 6-Month Price Index Related Terms

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

Matthews International (STU:MW1A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Matthews International Corp (STU:MW1A) » Definitions » 6-Month Price Index
Comparable Companies
SPLP FIP TRC NNBR TUSK RCMT FBYD GTII HHS ALPP ADX:IHC HON TSE:8058 TSE:6501 TSE:8031 TSE:8001 MMM ADX:ALPHADHABI TSE:8053 TSE:8002
Traded in Other Exchanges
MATW:USA MW1A:Germany
Address
Two Northshore Center, Pittsburgh, PA, USA, 15212-5851
Website
https://www.matw.com
Matthews International Corp is a personal services company that primarily provides brand solution services, memorialization products, and industrial products in the United States and Europe. The majority of Matthews' revenue is derived from its SGK Brand Solutions business, which provides brand development services, printing equipment, creative design services, and embossing tools to the consumer packaged goods and packaging industries. The company's Memorialization segment, which sells bronze and granite memorials, caskets, and cremation equipment to the cemetery and funeral home industries, also contributes a significant amount. Most of Matthews' revenue is generated from sales made in the U.S., while European customers also contribute a sizable percentage.

Matthews International (STU:MW1A) Headlines

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