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Argan (FRA:1AW) 6-Month Price Index : 1.48 (As of May. 17, 2024)


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What is Argan 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 (2024-05-17), Argan's 6-Month Price Index is 1.48.

Competitive Comparison of Argan's 6-Month Price Index

For the Engineering & Construction subindustry, Argan'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.

Argan  (FRA:1AW) 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.

Argan  (FRA:1AW) 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.

Argan 6-Month Price Index Related Terms

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

Argan (FRA:1AW) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Argan Inc (FRA:1AW) » Definitions » 6-Month Price Index
Comparable Companies
TPC BWMN AMRC GLDD WLDN BBCP MTRX BLNK ORN SLND XPAR:DG NSE:LT PWR SHSE:601668 SHSE:601390 TSX:WSP J XKRX:028260 HKSE:01800 EME
Traded in Other Exchanges
AGX:USA 1AW:Germany
Address
One Church Street, Suite 201, Rockville, MD, USA, 20850
Website
https://www.arganinc.com
Argan Inc is a United States-based company that primarily operates in the power industry services segment through its wholly-owned subsidiaries. Gemma Power Systems and affiliates, one of Argan's subsidiaries, contributed almost all Argan's sales. GPS is a contractor that provides a full range of engineering, procurement, and construction services for power-generating projects. GPS' works encompass complete plant design, construction, electrical interconnection, plant testing, and commissioning. Argan also generates a small portion of sales from industrial fabrication and field services, as well as telecommunication infrastructure services. It operates in three segments: Power Services, Industrial Services, and Telecom Services, out of which Power Services derive majority revenue.

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