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Montauk Renewables (JSE:MKR) 6-Month Price Index : 0.63 (As of Jun. 10, 2024)


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What is Montauk Renewables 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 (2024-06-10), Montauk Renewables's 6-Month Price Index is 0.63.

Competitive Comparison of Montauk Renewables's 6-Month Price Index

For the Utilities - Diversified subindustry, Montauk Renewables'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.

Montauk Renewables  (JSE:MKR) 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.

Montauk Renewables  (JSE:MKR) 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.

Montauk Renewables 6-Month Price Index Related Terms

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

Montauk Renewables (JSE:MKR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Montauk Renewables Inc (JSE:MKR) » Definitions » 6-Month Price Index
Comparable Companies
UTL AVA ARAO NWE ALE BKH OTTR ADX:TAQA XMAD:IBE MIL:ENEL SRE SAU:2082 XPAR:ENGI DFM:DEWA XTER:EOAN XTER:RWE XTER:EBK LSE:SSE XLIS:EDP TSX:BIP.UN
Traded in Other Exchanges
MNTK:USA
Address
5313 Campbells Run Road, Suite 200, Pittsburgh, PA, USA, 15205
Website
https://ir.montaukrenewables.com
Montauk Renewables Inc is a United States-based renewable energy company. It specializes in the recovery and processing of biogas from landfills and other non-fossil fuel sources for beneficial use as a replacement for fossil fuels. The firm develops, owns, and operates RNG projects that supply renewable fuel into the transportation and electrical power sectors. Montauk operates in three segments: Renewable Natural Gas, Renewable Electricity Generation and Corporate. It generates a majority of its revenue from the Renewable Natural Gas segment.

Montauk Renewables (JSE:MKR) Headlines

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