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Norbit ASA (FRA:4NK) 6-Month Price Index : 1.45 (As of Apr. 26, 2025)


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What is Norbit ASA 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 (2025-04-26), Norbit ASA's 6-Month Price Index is 1.45.

Competitive Comparison of Norbit ASA's 6-Month Price Index

For the Scientific & Technical Instruments subindustry, Norbit ASA'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.

Norbit ASA  (FRA:4NK) 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.

Norbit ASA  (FRA:4NK) 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.

Norbit ASA 6-Month Price Index Related Terms

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

Norbit ASA Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Norbit ASA (FRA:4NK) » Definitions » 6-Month Price Index
Comparable Companies
OSL:NEXT OSL:ININ OSL:NTG TSE:6861 GRMN OSTO:HEXA B KEYS FTV TDY TRMB COHR TSE:7701 BMI MKSI CGNX VNT ITRI SZSE:002414 NOVT ESE
Traded in Other Exchanges
NORBITo:Sweden NORBT:Norway NORBTo:UK 4NK:Germany
Address
Stiklestadveien 1, Trondheim, NOR, NO-7041
Website
https://www.norbit.com
Norbit ASA is l provider of tailored technology to selected applications by solving challenges through solutions. It operates in three segments namely, the Oceans segment which delivers tailored technology and solutions to the maritime markets, Connectivity (ITS) segment which offers tailored connectivity solutions based on short-range communication technology to intelligent traffic systems and truck applications, and The Product, Innovation & Realization (PIR) segment offers R&D services and contract manufacturing services to key customers. It has manufacturing facilities in Selbu and Roros. It derives maximum revenue from Oceans Segment.

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