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QualTek Services (QualTek Services) 6-1 Month Momentum % : -93.70% (As of May. 20, 2024)


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What is QualTek Services 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-05-20), QualTek Services's 6-1 Month Momentum % is -93.70%.

The industry rank for QualTek Services's 6-1 Month Momentum % or its related term are showing as below:

QTEKQ's 6-1 Month Momentum % is not ranked
in the Telecommunication Services industry.
Industry Median: 0.2 vs QTEKQ: -93.70

Competitive Comparison of QualTek Services's 6-1 Month Momentum %

For the Telecom Services subindustry, QualTek Services's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % 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.


QualTek Services's 6-1 Month Momentum % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, QualTek Services's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where QualTek Services's 6-1 Month Momentum % falls into.



QualTek Services  (OTCPK:QTEKQ) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* 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.


QualTek Services  (OTCPK:QTEKQ) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


QualTek Services 6-1 Month Momentum % Related Terms

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QualTek Services (QualTek Services) Business Description

Traded in Other Exchanges
N/A
Address
475 Sentry Parkway E, Suite 200, Blue Bell, PA, USA, 19422
QualTek Services Inc is a technology-driven provider of infrastructure services to the 5G wireless, telecom, power grid modernization, and renewable energy sectors across North America.
Executives
Emanuel R Pearlman director 250 EAST 79TH STREET, NEW YORK NY 10075
Alan Jeffrey Carr director 8540 GANDER CREEK DRIVE, MIAMISBURG OH 45342
Matthew J. Mccolgan officer: Chief Financial Officer 475 SENTRY PARKWAY E, STE 200, BLUE BELL PA 19422
John A Kritzmacher director C/O GLOBAL CROSSING LIMITED, 200 PARK AVENUE, SUITE 300, FLORHAM PARK NJ 07932
Bruce E Roberson director 5416 HOLLY SPRINGS DR, HOUSTON TX 77056
Cielo Hernandez director C/O XL FLEET CORP., 145 NEWTON STREET, BOSTON MA 02135
Adam Paul Spittler officer: Chief Financial Officer C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Christopher Scott Hisey director, officer: CEO and Director 818 HIDDEN FOREST DRIVE, COLLEGEVILLE PA 19426
Elizabeth Downey officer: Chief Administrative Officer 1777 SENTRY PARKWAY WEST, SUITE 302, BLUE BELL PA 19422
Daniel Lafond director C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Brightstar Gp Investors, Llc director, 10 percent owner C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Bcp Qualtek Ii, Llc director, 10 percent owner C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Bcp Qualtek, Llc director, 10 percent owner C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422
Raul A Deju director
Maha Eltobgy director C/O QUALTEK SERVICES INC., 475 SENTRY PARKWAY E, SUITE 200, BLUE BELL PA 19422

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