Tekmar Group (LSE:TGP) 6-Month Price Index : 0.90 (As of Jun. 05, 2024)

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What is Tekmar 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 (2024-06-05), Tekmar Group's 6-Month Price Index is 0.90.

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

For the Engineering & Construction subindustry, Tekmar 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.

Tekmar Group (LSE:TGP) 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.

Tekmar Group (LSE:TGP) 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.

Tekmar Group 6-Month Price Index Related Terms

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Tekmar Group (LSE:TGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tekmar Group PLC (LSE:TGP) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

6UA:Germany

Address

Centurion Way, Innovation House, Darlington, GBR, DL3 0UP

Website

https://www.tekmargroup.com

Tekmar Group PLC is engaged in the designing, manufacturing, and supply of subsea cable, umbilical, and flexible protection systems. Its sector includes Offshore Wind, Oil & Gas, Interconnectors, Wave & Tidal, Marine Civils, and Telecoms. Geographically it has a presence in the UK and Ireland, China, the USA and Canada, the Middle East, and the Rest of the World, and the majority of the revenue comes from Europe.