Gas Plus SpA (LTS:0EMK) 6-Month Price Index : 0.98 (As of May. 21, 2024)

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What is Gas Plus SpA 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 (2024-05-21), Gas Plus SpA's 6-Month Price Index is 0.98.

Competitive Comparison of Gas Plus SpA's 6-Month Price Index

For the Oil & Gas E&P subindustry, Gas Plus SpA'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.

Gas Plus SpA (LTS:0EMK) 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.

Gas Plus SpA (LTS:0EMK) 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.

Gas Plus SpA 6-Month Price Index Related Terms

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Gas Plus SpA (LTS:0EMK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gas Plus SpA (LTS:0EMK) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

GSP:Italy T9O:Germany T9O:Germany

Address

Viale Enrico Forlanini, 17, Milan, ITA, 20134

Website

http://www.gasplus.it

Gas Plus SpA through its subsidiaries is engaged in the exploration and production of natural gas in Italy. The company is also involved in the production, purchase, distribution, and sale of natural gas. The company holds approximately 47 cultivation concessions distributed throughout Italy and manages a total of about 1,600 kilometers of regional distribution and transportation network located around 39 municipalities.

Gas Plus SpA (LTS:0EMK) Headlines

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