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Lumine Group (TSXV:LMN) 6-Month Price Index : 1.69 (As of Jun. 07, 2024)


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What is Lumine Group 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), Lumine Group's 6-Month Price Index is 1.69.

Competitive Comparison of Lumine Group's 6-Month Price Index

For the Software - Application subindustry, Lumine Group'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.

Lumine Group  (TSXV:LMN) 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.

Lumine Group  (TSXV:LMN) 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.

Lumine Group 6-Month Price Index Related Terms

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

Lumine Group (TSXV:LMN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Lumine Group Inc (TSXV:LMN) » Definitions » 6-Month Price Index
Comparable Companies
TSX:DCBO TSX:ENGH TSX:CMG TSX:DND TSX:TCS TSX:THNC TSX:DTOL TSX:REAL TSX:BLN TSX:SYZ CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
LMGIF:USA
Address
5060 Spectrum Way, Suite 100, Mississauga, ON, CAN, L4W 5N5
Website
https://www.luminegroup.com
Lumine Group Inc acquires, strengthens, and grows vertical market software businesses in the Communications and Media industry. The company's software solutions are designed to enable customers to boost productivity and operate more cost effectively, innovate more rapidly to address rapidly changing market needs and opportunities, grow top-line sales, improve customer service, and reduce customer churn.

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