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Thungela Resources (STU:6UP) 6-Month Price Index : 1.11 (As of Dec. 16, 2024)


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What is Thungela Resources 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 (2024-12-16), Thungela Resources's 6-Month Price Index is 1.11.

Competitive Comparison of Thungela Resources's 6-Month Price Index

For the Thermal Coal subindustry, Thungela Resources'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.

Thungela Resources  (STU:6UP) 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.

Thungela Resources  (STU:6UP) 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.

Thungela Resources 6-Month Price Index Related Terms

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

Thungela Resources Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Thungela Resources Ltd (STU:6UP) » Definitions » 6-Month Price Index
Comparable Companies
JSE:EXX SHSE:601088 ISX:BYAN BOM:512599 SHSE:601225 NSE:COALINDIA SHSE:600188 SHSE:601898 SHSE:601699 SZSE:000983 SHSE:600925 SZSE:000933 ISX:ADRO SHSE:900948 SHSE:600546 SZSE:001286 SZSE:002128 SHSE:600157 ASX:YAL SHSE:600348
Traded in Other Exchanges
TGA:South Africa TNGRF:USA TGAl:UK TGA:UK 6UP:Germany
Address
25 Bath Avenue, Rosebank, Johannesburg, GT, ZAF, 2196
Website
https://www.thungela.com
Thungela Resources Ltd is a pure-play producer and exporter of thermal coal in South Africa. It owns interests in various mining operations, namely Goedehoop, Greenside, Isibonelo, Khwezela, AAIC, Mafube Coal Mining, and Butsanani Energy which consist of both underground and open cast mines located in the Mpumalanga province of South Africa.

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