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Iridium Communications (STU:6IC) 6-Month Price Index : 0.80 (As of May. 30, 2024)


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What is Iridium Communications 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), Iridium Communications's 6-Month Price Index is 0.80.

Competitive Comparison of Iridium Communications's 6-Month Price Index

For the Telecom Services subindustry, Iridium Communications'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.

Iridium Communications  (STU:6IC) 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.

Iridium Communications  (STU:6IC) 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.

Iridium Communications 6-Month Price Index Related Terms

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Iridium Communications (STU:6IC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Iridium Communications Inc (STU:6IC) » Definitions » 6-Month Price Index
Comparable Companies
FYBR USM CCOI CABO TIGO DISH GSAT LBTYA TDS IHS SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL HKSE:00728 TSE:9433
Traded in Other Exchanges
IRDM:USA 6IC:Germany
Address
1750 Tysons Boulevard, Suite 1400, McLean, VA, USA, 22102
Website
https://www.iridium.com
Iridium Communications Inc offers voice and data communications services and products to businesses, U.S. and international government agencies, and other customers on a global basis. The company is a provider of mobile voice and data communications services through a constellation of low earth-orbiting satellites. Reaching across land, sea, and air, including the polar regions, Iridium's solutions are ideally suited for industries such as maritime, aviation, government/military, emergency/humanitarian services, mining, forestry, oil and gas, heavy equipment, transportation, and utilities. Iridium also provides service to subscribers from the U.S. Department of Defense, as well as other civil and government agencies around the world.

Iridium Communications (STU:6IC) Headlines

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