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TMGEF (Thermal Energy International) 6-Month Price Index : 0.82 (As of Dec. 11, 2024)


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What is Thermal Energy International 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 (2024-12-11), Thermal Energy International's 6-Month Price Index is 0.82.

Competitive Comparison of Thermal Energy International's 6-Month Price Index

For the Pollution & Treatment Controls subindustry, Thermal Energy International'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.

Thermal Energy International  (OTCPK:TMGEF) 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.

Thermal Energy International  (OTCPK:TMGEF) 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.

Thermal Energy International 6-Month Price Index Related Terms

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Thermal Energy International Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Thermal Energy International Inc (OTCPK:TMGEF) » Definitions » 6-Month Price Index
Comparable Companies
XCNQ:BSKY XCNQ:SHRC TSXV:BRM TSXV:QST TSXV:WATR XCNQ:DST TSXV:SAY TSXV:APL XCNQ:DELT TSXV:OSIX VLTO ZWS FSS TSE:6370 ATMU SZSE:300390 OSTO:MTRS TSE:6368 PCT SHSE:600388
Traded in Other Exchanges
EUW:Germany TMG:Canada
Address
36 Antares Drive, Suite 850, Ottawa, ON, CAN, K2E 7W5
Website
https://www.thermalenergy.com
Thermal Energy International Inc is a supplier of proprietary, energy efficiency and emissions reduction solutions to the industrial and institutional sectors. It markets, sells, engineers, fabricates, constructs, installs and supports technology lines - heat recovery solutions and condensate return system solutions. The product portfolio consists of GEM steam traps, FLU-ACE - direct contact condensing heat recovery, and Dry Rex - low-temperature biomass drying systems. The operating segment includes geographical areas that reflect the core business which has units located in Ottawa, Canada and Bristol, UK. The firm derives revenue from Canada, the UK, Germany, France, Poland, India, etc and the rest of the world. Substantial sales revenue comes from the USA.