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Elekta AB (OSTO:EKTA B) 6-Month Price Index : 0.79 (As of Jun. 20, 2024)


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What is Elekta AB 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 (2024-06-20), Elekta AB's 6-Month Price Index is 0.79.

Competitive Comparison of Elekta AB's 6-Month Price Index

For the Medical Instruments & Supplies subindustry, Elekta AB'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.

Elekta AB  (OSTO:EKTA B) 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.

Elekta AB  (OSTO:EKTA B) 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.

Elekta AB 6-Month Price Index Related Terms

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Elekta AB (OSTO:EKTA B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Elekta AB (OSTO:EKTA B) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:BONEX OSTO:BIOT OSTO:ALIF B OSTO:SYNSAM OSTO:TDVOX OSTO:ADDV A OSTO:DOXA XSAT:BPCINS OSTO:QLINEA OSTO:ORTI A ISRG XPAR:EL BDX TSE:7741 XSWX:ALC OCSE:COLO B RMD WST XPAR:DIM TSE:4543
Traded in Other Exchanges
EKTAY:USA EKTAF:USA EKTAB:Mexico EKTABs:UK 0O5H:UK EJXB:Germany
Address
Kungstensgatan 18, Box 7593, Stockholm, SWE, SE-103 93
Website
https://www.elekta.com
Sweden-based Elekta develops, manufactures, and distributes treatment planning systems for neurosurgery and radiotherapy, including stereotactic radiosurgery and brachytherapy. The company's installed base of more than 5,000 linear accelerators, GammaKnife and Unity platforms, and software is used in more than 6,000 hospitals globally. The company's sales are evenly distributed across geographies, with North and South America accounting for 31%; Europe, the Middle East, and Africa accounting for 35%; and Asia-Pacific contributing the remainder.

Elekta AB (OSTO:EKTA B) Headlines

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