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Orca Energy Group (Orca Energy Group) 6-Month Price Index : 0.82 (As of Apr. 27, 2024)


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What is Orca Energy 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 (2024-04-27), Orca Energy Group's 6-Month Price Index is 0.82.

Competitive Comparison of Orca Energy Group's 6-Month Price Index

For the Oil & Gas E&P subindustry, Orca Energy 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.

Orca Energy Group  (OTCPK:ORXGF) 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.

Orca Energy Group  (OTCPK:ORXGF) 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.

Orca Energy Group 6-Month Price Index Related Terms

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Orca Energy Group (Orca Energy Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Orca Energy Group Inc (OTCPK:ORXGF) » Definitions » 6-Month Price Index
Comparable Companies
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Traded in Other Exchanges
E9NB:Germany ORC.B:Canada ORC.A:Canada
Address
Haile Selassie Road, Oyster Plaza Building, 5th Floor, P.O. Box 80139, Dar es Salaam, TZA
Website
https://www.orcaenergygroup.com
Orca Energy Group Inc produces and sells natural gas to the power and industrial sectors in Tanzania. The company delivers gas to TPDC through a long-term gas sales agreement to the TPDC-operated National Natural Gas Infrastructure on Songo Songo Island where the natural gas is processed before being transported to Dar es Salaam for power and industrial use. In addition to gas supplied to TPDC, Songas, and TANESCO for the generation of power, the company has developed and supplied an industrial gas market in the Dar es Salaam area.

Orca Energy Group (Orca Energy Group) Headlines