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National Environmental Recycling Co (SAU:9540) 6-Month Price Index : 1.22 (As of Apr. 15, 2025)


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What is National Environmental Recycling 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 (2025-04-15), National Environmental Recycling Co's 6-Month Price Index is 1.22.


Competitive Comparison of National Environmental Recycling Co's 6-Month Price Index

For the Waste Management subindustry, National Environmental Recycling 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.


National Environmental Recycling Co  (SAU:9540) 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.


National Environmental Recycling Co  (SAU:9540) 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.


National Environmental Recycling Co 6-Month Price Index Related Terms

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National Environmental Recycling Co Business Description

Traded in Other Exchanges
N/A
Address
7330, Wadi Waj Road, P.O. Box 3431, Al Malqa District, Riyadh, SAU, 3431-13524
National Environmental Recycling Co provides environmental and safe solutions for the recycling of electronic and electrical equipment, which is in the Middle East and North Africa. Its operational areas comprise Ferrous recycling operations, Non-Ferrous recycling operations, Plastics recycling operations, and ITAD operations. Its recycling categories consist of Consumer and lighting equipment, Home appliances and electrical devices, Computers and their peripherals, televisions, monitors, radios and telephones, Medical equipment, and Surveillance and control equipment, among others.

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