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REC Silicon ASA (REC Silicon ASA) 6-Month Price Index : 0.67 (As of May. 16, 2024)


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What is REC Silicon ASA 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 (2024-05-16), REC Silicon ASA's 6-Month Price Index is 0.67.

Competitive Comparison of REC Silicon ASA's 6-Month Price Index

For the Semiconductor Equipment & Materials subindustry, REC Silicon ASA'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.

REC Silicon ASA  (OTCPK:RNWEY) 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.

REC Silicon ASA  (OTCPK:RNWEY) 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.

REC Silicon ASA 6-Month Price Index Related Terms

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

REC Silicon ASA (REC Silicon ASA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » REC Silicon ASA (OTCPK:RNWEY) » Definitions » 6-Month Price Index
Comparable Companies
WAR:ZUK WAR:JWW WAR:MOJ WAR:DBE WAR:APS WAR:WAT XAMS:ASML AMAT LRCX KLAC TSE:8035 SHSE:601012 XAMS:ASM TSE:6146 TSE:6857 SZSE:002371 TSE:6920 SHSE:688012 ENTG TER
Traded in Other Exchanges
RNWEF:USA RECo:Sweden RECSI:Norway R3Q:Germany
Address
Fornebuveien 84, PO Box 63, Lysaker, NOR, 1324
Website
https://www.recsilicon.com
REC Silicon ASA is a producer of silicon materials, supplying high-purity polysilicon and silicon gases to the solar and electronics industries. The product offered by the group includes Solar grade polysilicon, Electronic grade polysilicon and Silicon gases. It operates in two segments namely Solar Materials and Semiconductor Materials. Majority of the firm's revenue gets generated through Semiconductor Materials segment.

REC Silicon ASA (REC Silicon ASA) Headlines

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