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Ecomembrane SpA (MIL:ECMB) 6-Month Price Index : 0.73 (As of May. 24, 2024)


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What is Ecomembrane SpA 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 (2024-05-24), Ecomembrane SpA's 6-Month Price Index is 0.73.

Competitive Comparison of Ecomembrane SpA's 6-Month Price Index

For the Packaging & Containers subindustry, Ecomembrane SpA'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.

Ecomembrane SpA  (MIL:ECMB) 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.

Ecomembrane SpA  (MIL:ECMB) 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.

Ecomembrane SpA 6-Month Price Index Related Terms

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

Ecomembrane SpA (MIL:ECMB) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ecomembrane SpA (MIL:ECMB) » Definitions » 6-Month Price Index
Comparable Companies
MIL:GRAL MIL:SAC BALL AVY PKG AMCR IP CCK WRK SZSE:002812 DUB:SK3 XSWX:SIGN TSX:CCL.A GPK BERY SON REYN LSE:SMDS SLGN SEE
Traded in Other Exchanges
N/A
Address
Via Pari Opportunita n. 9, Gadesco, Pieve Delmona, ITA, 26030
Website
https://www.ecomembrane.com
Ecomembrane SpA operates in the sector of design, sale and installation of components for biogas and biomethane production plants and gas storage systems, such as biogas, methane, CO2 and hydrogen. Specifically, it carries out production activity which mainly takes the form of cutting, high-frequency welding and packaging of membrane covers using, as the main material, PVC-coated polyester fabric. The company operates globally and has the most extensive network in the world in terms of installations as well as production structure. Its products include 3Master, 2 Master, Cupola M2- heat shield, Cupola M3, Econtainer, M1 cone, and Claricover.

Ecomembrane SpA (MIL:ECMB) Headlines

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