CTT Systems AB (OSTO:CTT) 6-Month Price Index : 1.45 (As of May. 23, 2024)

View and export this data going back to 1997. Start your Free Trial

What is CTT Systems AB 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 (2024-05-23), CTT Systems AB's 6-Month Price Index is 1.45.

Competitive Comparison of CTT Systems AB's 6-Month Price Index

For the Aerospace & Defense subindustry, CTT Systems AB'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.

CTT Systems AB (OSTO:CTT) 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.

CTT Systems AB (OSTO:CTT) 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.

CTT Systems AB 6-Month Price Index Related Terms

Thank you for viewing the detailed overview of CTT Systems AB's 6-Month Price Index provided by GuruFocus.com. Please click on the following links to see related term pages.

CTT Systems AB (OSTO:CTT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » CTT Systems AB (OSTO:CTT) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

0GUO:UK

Address

Brukslagarvagen 5, Box 1042, Nykoping, SWE, 61129

Website

https://www.ctt.se

CTT Systems AB manufacturer and provider of humidity control systems for aircraft. The company offers a Zonal Drying system that prevents condensation within an aircraft during humidification. The company's product line includes various humidifiers. It sells its products to aircraft manufacturers and transportation companies. The group's products, Zonal Drying System and Cair create conditions facilitating improved profitability and flight safety as well as considerably enhanced comfort for passengers and cabin personnel. It supplies these systems to aircraft manufacturers for installation during the production of new aircraft and to airlines for existing aircraft fleets. Geographically company generates the majority of its revenue from Denmark.