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Wasco Bhd (XKLS:5142) 6-Month Price Index : 1.53 (As of Jun. 04, 2024)


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What is Wasco Bhd 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 (2024-06-04), Wasco Bhd's 6-Month Price Index is 1.53.


Competitive Comparison of Wasco Bhd's 6-Month Price Index

For the Oil & Gas Equipment & Services subindustry, Wasco Bhd'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.


Wasco Bhd  (XKLS:5142) 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.


Wasco Bhd  (XKLS:5142) 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.


Wasco Bhd 6-Month Price Index Related Terms

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


Wasco Bhd (XKLS:5142) Business Description

Industry
Traded in Other Exchanges
N/A
Address
The Gardens North Tower, Suite 19.01, Level 19, Mid Valley City, Lingkaran Syed Putra, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200
Wasco Bhd, formerly Wah Seong Corp Bhd is engaged in the business of specialized pipe coating and corrosion protection services; Engineering, Procurement, and Construction (EPC) of gas compressors and process equipment; renewable energy and infrastructure materials and services. Its segments include the Energy solutions services division; the Renewable energy division; the Industrial trading & services division; and Others. It derives the majority of its revenue from the Energy solutions services division that provides pipe coating, pipe manufacturing for the oil and gas industry, building and operating offshore/onshore field development facilities, and the provision of specialized equipment and services to the power generation, oleochemical, and petrochemical industries.

Wasco Bhd (XKLS:5142) Headlines

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