GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Forterra PLC (OTCPK:FTTRF) » Definitions » 6-Month Price Index

Forterra (Forterra) 6-Month Price Index : 1.10 (As of Jun. 21, 2024)


View and export this data going back to 2019. Start your Free Trial

What is Forterra 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 (2024-06-21), Forterra's 6-Month Price Index is 1.10.


Competitive Comparison of Forterra's 6-Month Price Index

For the Building Materials subindustry, Forterra'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.


Forterra  (OTCPK:FTTRF) 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.


Forterra  (OTCPK:FTTRF) 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.


Forterra 6-Month Price Index Related Terms

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


Forterra (Forterra) Business Description

Traded in Other Exchanges
Address
5 Grange Park Court, Roman Way, Northampton, GBR, NN4 5EA
Forterra PLC operates in the construction industry. The company, with its subsidiaries, manufactures and sale of bricks, dense and lightweight blocks, precast concrete, concrete block paving, and other complementary building products. The company operates in three segments based on its products: Bricks, Blocks, and Bespoke Products. The bricks and block together account for majority of its revenue. The Bespoke Products range comprises precast concrete, concrete block paving, chimney, and roofing solutions.

Forterra (Forterra) Headlines

From GuruFocus

Unveiling the Dividend Dynamics of Forterra PLC

By GuruFocus Research 09-21-2023