Cellnex Telecom (Cellnex Telecom) 6-Month Price Index : 0.94 (As of May. 30, 2024)

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What is Cellnex Telecom 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 (2024-05-30), Cellnex Telecom's 6-Month Price Index is 0.94.

Competitive Comparison of Cellnex Telecom's 6-Month Price Index

For the Real Estate Services subindustry, Cellnex Telecom'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.

Cellnex Telecom (OTCPK:CLNXF) 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.

Cellnex Telecom (OTCPK:CLNXF) 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.

Cellnex Telecom 6-Month Price Index Related Terms

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Cellnex Telecom (Cellnex Telecom) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Cellnex Telecom SA (OTCPK:CLNXF) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

CLLNY:USA CLNX:Mexico CLNXe:UK 0R9C:UK CLNX:Spain 472:Germany

Address

Passeig Zona Franca, 105, Barcelona, ESP, 08038

Website

https://www.cellnextelecom.com

Cellnex owns and operates more than 100,000 wireless towers in Europe, resulting from continued M&A activity since its initial public offering in 2015. It has acquired towers from several European mobile network operators, including Telefonica, Iliad, CK Hutchison, Bouygues, and Altice. Cellnex is present in more than 10 European countries as of March 2023, including France, Italy, Spain, Poland, the United Kingdom, Switzerland, and Portugal. Cellnex's strategy is to acquire portfolios from MNOs and lease the towers back to them through long-term contracts, which provide high cash flow visibility and inflation protection.