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MedMira (STU:47M) 6-Month Price Index : 0.77 (As of Jun. 16, 2024)


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What is MedMira 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 (2024-06-16), MedMira's 6-Month Price Index is 0.77.

Competitive Comparison of MedMira's 6-Month Price Index

For the Biotechnology subindustry, MedMira'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.

MedMira  (STU:47M) 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.

MedMira  (STU:47M) 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.

MedMira 6-Month Price Index Related Terms

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

MedMira (STU:47M) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » MedMira Inc (STU:47M) » Definitions » 6-Month Price Index
Comparable Companies
XCNQ:DTC TSX:MSCL TSX:HBP TSX:TH TSX:MBX TSX:BCT TSX:SVA XCNQ:GLAB TSXV:NRX TSXV:TTI OCSE:NOVO B VRTX REGN ASX:CSL MRNA XKRX:207940 XKRX:068270 XBRU:UCB BNTX XBRU:ARGX
Traded in Other Exchanges
MMIRF:USA 47M:Germany MIR:Canada
Address
155 Chain Lake Drive, Suite 1, Halifax, NS, CAN, B3S 1B3
Website
https://www.medmira.com
MedMira Inc is a biotechnology company that is engaged in the business of research, development, and manufacturing of rapid diagnostics and technologies. The company has one reportable operating segment, rapid diagnostic products and services. The product line of the company includes RevealHIV which detects antibodies to HIV-1 and HIV-2 in whole blood, serum or plasma; H Pylori which detects antibodies in serum, plasma, and whole blood; syphilis which detects treponema pallidum antibodies in serum, plasma, and whole blood; among other products. The company generates revenue geographically from North America, Europe, Asia pacific. The majority of the revenue is generated from North America.

MedMira (STU:47M) Headlines

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