GEL SpA (MIL:GEL) 6-Month Price Index : 1.03 (As of Jun. 06, 2024)

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What is GEL 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 (2024-06-06), GEL SpA's 6-Month Price Index is 1.03.

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

For the Pollution & Treatment Controls subindustry, GEL 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.

GEL SpA (MIL:GEL) 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.

GEL SpA (MIL:GEL) 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.

GEL SpA 6-Month Price Index Related Terms

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GEL SpA (MIL:GEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GEL SpA (MIL:GEL) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Enzo Ferrari, 1, Castelfidardo, ITA, 60022

Website

http://www.gel.it

GEL SpA is an Italian company engaged in the business of designing and manufacturing products to treat water. The company offers filters, softeners, dosers, reverse osmosis, and conditioners to its clients. It also provides water treatment services for the following divisions - Medical, Food, and Mobile Installations. Desalination services and leachate treatment services are also provided by the company.