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Pieridae Energy (TSX:PEA) 6-Month Price Index : 1.21 (As of Jun. 06, 2024)


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What is Pieridae Energy 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 (2024-06-06), Pieridae Energy's 6-Month Price Index is 1.21.

Competitive Comparison of Pieridae Energy's 6-Month Price Index

For the Oil & Gas E&P subindustry, Pieridae Energy'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.

Pieridae Energy  (TSX:PEA) 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.

Pieridae Energy  (TSX:PEA) 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.

Pieridae Energy 6-Month Price Index Related Terms

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

Pieridae Energy (TSX:PEA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Pieridae Energy Ltd (TSX:PEA) » Definitions » 6-Month Price Index
Comparable Companies
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Traded in Other Exchanges
PTOAF:USA
Address
308 - 4th Avenue SW, Suite 3100, Calgary, AB, CAN, T2P 0H7
Website
https://www.pieridaeenergy.com
Pieridae Energy Ltd is a Canadian owned corporation focused on the development of integrated energy-related activities, from exploration and extraction of natural gas to the development, construction and operation of Goldboro LNG facility and the production of LNG for sale to Europe and other markets. It is a mid-sized oil and gas entity including midstream operatorship, and three large, deep cut, sour gas plants and associated Sulphur forming facilities, together with various pipelines which are connected to the TC Energy NOVA pipeline system in Alberta Its upstream segment is comprised of petroleum and natural gas production operations and properties. It also includes the company's upstream operations in Eastern Canada and corporate overhead activities associated with these operations.
Executives
John Emery Senior Officer

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