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WEX (STU:WL9) 6-Month Price Index : 1.05 (As of Jun. 02, 2024)


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What is WEX 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 (2024-06-02), WEX's 6-Month Price Index is 1.05.

Competitive Comparison of WEX's 6-Month Price Index

For the Software - Infrastructure subindustry, WEX'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.

WEX  (STU:WL9) 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.

WEX  (STU:WL9) 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.

WEX 6-Month Price Index Related Terms

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

WEX (STU:WL9) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » WEX Inc (STU:WL9) » Definitions » 6-Month Price Index
Comparable Companies
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Traded in Other Exchanges
WEX:USA
Address
1 Hancock Street, Portland, ME, USA, 04101
Website
https://www.wexinc.com
WEX Inc is a provider of corporate payment solutions. The company operates three business segments: Fleet solutions, Travel & Corporate Solutions, and Health & Employee Benefit Solutions. Fleet Solutions, the largest segment by revenue, provides fleet vehicle payment-processing services for commercial and government fleets. Travel and corporate solutions offer business-to-business payment processing and transaction monitoring services. Health and employee benefit solutions generate revenue from healthcare payment products and its consumer-directed software platform. Wex's largest end market is the United States of America.

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