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Profire Energy (Profire Energy) 6-1 Month Momentum % : 2.78% (As of Apr. 30, 2024)


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What is Profire Energy 6-1 Month Momentum %?

6-1 Month Momentum % is the total return of the stock from 6-month ago to 1-month ago. As of today (2024-04-30), Profire Energy's 6-1 Month Momentum % is 2.78%.

The industry rank for Profire Energy's 6-1 Month Momentum % or its related term are showing as below:

PFIE's 6-1 Month Momentum % is ranked better than
52.05% of 1095 companies
in the Oil & Gas industry
Industry Median: 1.74 vs PFIE: 2.78

Competitive Comparison of Profire Energy's 6-1 Month Momentum %

For the Oil & Gas Equipment & Services subindustry, Profire Energy's 6-1 Month Momentum %, along with its competitors' market caps and 6-1 Month Momentum % 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.


Profire Energy's 6-1 Month Momentum % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Profire Energy's 6-1 Month Momentum % distribution charts can be found below:

* The bar in red indicates where Profire Energy's 6-1 Month Momentum % falls into.



Profire Energy  (NAS:PFIE) 6-1 Month Momentum % Calculation

6-1 Month Momentum % is calculated as following:

6-1 Month Momentum %=( Price 1-month ago / Price 6-month ago - 1 ) * 100 %

* 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.


Profire Energy  (NAS:PFIE) 6-1 Month Momentum % Explanation

Momentum investing is a trading strategy in which investors buy securities that are rising and sell before the prices start to go back down. The 6-1 Month Momentum % measures the total return to a stock over the past six months, but ignores the previous month.

The reason why the most recent month’s return dropped related to the short-term reversal effect associated with momentum. There is an academic finding that short-term momentum actually has a reversal effect, whereby the previous winners (measured over the past months) do poorly the next month, while the previous losers do well the next month. In order to eliminate the short-term reversal effect, the previous month return was not included in this calculation.


Profire Energy 6-1 Month Momentum % Related Terms

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Profire Energy (Profire Energy) Business Description

Traded in Other Exchanges
Address
321 South 1250 West, Suite 1, Lindon, UT, USA, 84042
Profire Energy Inc is an oilfield technology company operating in the United States. It is engaged in the business of developing combustion management technologies for the oil and gas industry. The company specializes in the creation of burner-management systems, used on a variety of oilfield natural-draft fire tube vessels. In addition to the burner-management systems, the company also sell complementary oilfield products to its customer. Geographically, the company divides its business into two business unit namely the United States and Canada and majority of its revenue comes from the United States.
Executives
Harold Albert 10 percent owner, officer: Chief Operating Officer BAY 12, 55 ALBERTA AVE, SPRUCE GROVE A0 T7X 3A6
Bell Colleen Larkin director 333 S STATE STREET, SALT LAKE CITY UT 84145-0433
Patrick David Fisher officer: VP of Product Development 321 SOUTH 1250 WEST, LINDON UT 84042
Brenton W Hatch 10 percent owner, officer: Chief Executive Officer BAY 12, 55 ALBERTA AVE, SPRUCE GROVE A0 T7X 3A6
Cameron M. Tidball officer: CBDO 321 SOUTH 1250 WEST SUITE 1, LINDON UT 84042
Jay Grant Fugal officer: VP of Operations 321 SOUTH 1250 WEST, SUITE 1, LINDON UT 84042
Daren Shaw director 27101 PUERTA REAL, SUITE 450, MISSION VIEJO CA 92691
Ronald R Spoehel director 12015 LEE JACKSON HIGHWAY, FAIRFAX VA 22033
Ryan W Oviatt officer: Chief Financial Officer 321 SOUTH 1250 WEST SUITE 1, LINDON UT 84042
Stephen E Pirnat director 4728 EAST 98TH STREET, TULSA OK 74137
Crouch Arlen director 2566 BARCELONA DRIVE, SANDY UT 84093
Andrew Limpert director, 10 percent owner, officer: Interim CEO & CFO 1245 BRICKYARD ROAD, SUITE 590, SALT LAKE CITY UT 84106
Mike Carroll director, 10 percent owner, officer: CEO, CFO & President 408 BREWSTER LANE, SAINT SIMONS ISLAND GA 21522
Joel Arline director 1606 REYNOLDS STREET, BRUNSWICK GA 31520

Profire Energy (Profire Energy) Headlines