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Sectra AB (OSTO:SECT B) 6-Month Price Index : 1.66 (As of Jun. 06, 2024)


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What is Sectra 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 (2024-06-06), Sectra AB's 6-Month Price Index is 1.66.

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

For the Medical Devices subindustry, Sectra 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.

Sectra AB  (OSTO:SECT 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.

Sectra AB  (OSTO:SECT 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.

Sectra AB 6-Month Price Index Related Terms

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

Sectra AB (OSTO:SECT B) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Sectra AB (OSTO:SECT B) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:VITR OSTO:GETI B OSTO:XVIVO OSTO:CEVI OSTO:MCAP OSTO:BICO OSTO:BACTI B OSTO:SEDANA OSTO:CRAD B OSTO:INTEG B TSE:5212 ABT SYK MDT BSX EW DXCM SZSE:300760 ZBH ALGN
Traded in Other Exchanges
0A0L:UK 61L1:Germany
Address
Teknikringen 20, Linkoping, SWE, SE-583 30
Website
https://www.sectra.com
Sectra AB develops IT solutions and services for storing, viewing, and working with medical images. The operating business segments are Imaging IT Solutions, Secure Communications, Business Innovation, and Other Operations. It generates maximum revenue from the Imaging IT Solutions segment. The company also offers maintenance in the form of support, system monitoring, and consulting services related to integration, system design, data migration, and business development. Geographically, it derives a majority of its revenue from Sweden and also has a presence in the Netherlands; the United Kingdom, and the Rest of Europe.

Sectra AB (OSTO:SECT B) Headlines

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