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Jiangsu Tongrun Equipment Technology Co (SZSE:002150) 6-Month Price Index : 0.94 (As of Jun. 07, 2024)


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What is Jiangsu Tongrun Equipment Technology 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), Jiangsu Tongrun Equipment Technology Co's 6-Month Price Index is 0.94.

Competitive Comparison of Jiangsu Tongrun Equipment Technology Co's 6-Month Price Index

For the Tools & Accessories subindustry, Jiangsu Tongrun Equipment Technology 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.

Jiangsu Tongrun Equipment Technology Co  (SZSE:002150) 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.

Jiangsu Tongrun Equipment Technology Co  (SZSE:002150) 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.

Jiangsu Tongrun Equipment Technology Co 6-Month Price Index Related Terms

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Jiangsu Tongrun Equipment Technology Co (SZSE:002150) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Jiangsu Tongrun Equipment Technology Co Ltd (SZSE:002150) » Definitions » 6-Month Price Index
Comparable Companies
SZSE:002322 SZSE:301368 SZSE:002779 SHSE:605056 SZSE:002843 SHSE:603667 SZSE:300193 SHSE:600366 SHSE:688308 SZSE:002282 HKSE:00669 SNA SWK LECO OSTO:SKF B TTC RBC TSE:6586 TKR XSWX:SFSN
Traded in Other Exchanges
N/A
Address
Tonggang Road, Zhouxing Tonggang Industrial Development Zone, Jiangsu, Changshu, CHN, 215517
Website
http://www.tongrunindustries.com
Jiangsu Tongrun Equipment Technology Co Ltd is engaged in business of sheet metal products and electrical products. The products of the company include metal toolbox cabinets, steel office furniture, precision sheet metal parts, complete set of electrical control cabinets, and high voltage circuit breakers. The company generates majority of revenue from metal tool manufacturing.
Executives
Cai Lan Directors, executives
Wang Yue Hong Directors, executives
Liu Zhen Jiang Directors, executives
Wang Xiang Yuan Supervisors
Liu Xiao Yu Securities Affairs Representative
Gao Jin Xiang Director
Gu Xiong Bin Director
Shen Hong Director

Jiangsu Tongrun Equipment Technology Co (SZSE:002150) Headlines

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