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Gas Arabian Services Co (SAU:9528) 6-Month Price Index : 1.33 (As of Jun. 24, 2024)


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What is Gas Arabian Services Co 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 (2024-06-24), Gas Arabian Services Co's 6-Month Price Index is 1.33.


Competitive Comparison of Gas Arabian Services Co's 6-Month Price Index

For the Oil & Gas Equipment & Services subindustry, Gas Arabian Services Co'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.


Gas Arabian Services Co  (SAU:9528) 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.


Gas Arabian Services Co  (SAU:9528) 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.


Gas Arabian Services Co 6-Month Price Index Related Terms

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


Gas Arabian Services Co (SAU:9528) Business Description

Traded in Other Exchanges
N/A
Address
Unit no. 8500, Dammam, SAU, 32241-5150
Gas Arabian Services Co is a total solutions provider in the fields of integrated services for oil, petrochemical, chemical & allied industries. It offers leak detection systems, automation, instrumentation, mechanical, piping, static and project management services for petrochemical, electrical, oil and gas, steel, water, and desalination industries. Business is organized into three segments being Technical services, Trading and Manufacturing. Substantial revenue is generated from the Trading segment which is engaged in sales of industrial, electrical, mechanical, hydromechanical, petroleum and other technical equipment.

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