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Green Hydrogen Systems A/S (OCSE:GREENH) 6-Month Price Index : 1.41 (As of Jun. 03, 2024)


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What is Green Hydrogen Systems A/S 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 (2024-06-03), Green Hydrogen Systems A/S's 6-Month Price Index is 1.41.


Competitive Comparison of Green Hydrogen Systems A/S's 6-Month Price Index

For the Utilities - Renewable subindustry, Green Hydrogen Systems A/S'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.


Green Hydrogen Systems A/S  (OCSE:GREENH) 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.


Green Hydrogen Systems A/S  (OCSE:GREENH) 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.


Green Hydrogen Systems A/S 6-Month Price Index Related Terms

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Green Hydrogen Systems A/S (OCSE:GREENH) Business Description

Traded in Other Exchanges
Address
Nordager 21, Kolding, DNK, DK-6000
Green Hydrogen Systems A/S is a provider of standardised and modular electrolysers for the production of green hydrogen solely based on renewable energy. The firm caters to industries that establish on-site green hydrogen production for different purposes as well as energy and transport companies being at the forefront of the development of Power-to-X applications and transition towards emission-free fuel. It generates revenue from the sale and installation of complete alkaline electrolysis solutions as well as the service of the installed systems. The company derives its revenue from Denmark, Norway, Sweden and other countries.

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