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Flex LNG (Flex LNG) 6-Month Price Index : 0.86 (As of May. 01, 2024)


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What is Flex LNG 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 (2024-05-01), Flex LNG's 6-Month Price Index is 0.86.

Competitive Comparison of Flex LNG's 6-Month Price Index

For the Oil & Gas Midstream subindustry, Flex LNG'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.

Flex LNG  (NYSE:FLNG) 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.

Flex LNG  (NYSE:FLNG) 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.

Flex LNG 6-Month Price Index Related Terms

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

Flex LNG (Flex LNG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Flex LNG Ltd (NYSE:FLNG) » Definitions » 6-Month Price Index
Comparable Companies
OSL:AGAS OSL:CLCO OSL:HUNT TSX:ENB EPD WMB ET LNG OKE MPLX KMI TSX:TRP CQP TRGP TSX:PPL MIC:TRNFP PAA WES SHSE:601872 AM
Traded in Other Exchanges
FLNGo:Sweden FLNG:Norway FLNGo:UK 0RQ8:UK 0QQA:Germany
Address
14 Par-la-Ville Road, Par-la-Ville Place, Hamilton, BMU, HM08
Website
https://www.flexlng.com
Flex LNG Ltd is an LNG shipping company with a fleet of next-generation LNG carriers with large cargo capacity. The fleet consists of thirteen modern LNG ships, ten existing and three under construction for delivery. All LNG carriers are equipped with slow-speed, two-stroke engines MEGI or X-DF propulsion which will provide Charterers with state-of-the-art tonnage offering significant advantages in form of reduced fuel consumption and lowered boil-off rates.

Flex LNG (Flex LNG) Headlines

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