On this day in 1947 Meggitt listed on the LSE.
Monthly seasonality of Meggitt
The following chart plots the average monthly out-performance of the shares over the FTSE 100 Index since 1988. For example, on average Meggitt has out-performed the FTSE 100 by 3.4 percentage points in March.
Observations:
- The strongest month for Meggitt shares relative to the market has been March (the shares have out-performed the market in this month in 15 of the last 25 years).
- The weakest month for Meggitt relative to the market has been July (the shares have only out-performed the market in this month in 11 of the past 25 years).
Meggitt is in the FTSE 350 Aerospace & Defense [NMX2710] sector.