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Russel Metals (TSX:RUS) 6-Month Price Index : 1.18 (As of Dec. 11, 2024)


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What is Russel Metals 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), Russel Metals's 6-Month Price Index is 1.18.


Competitive Comparison of Russel Metals's 6-Month Price Index

For the Industrial Distribution subindustry, Russel Metals'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.


Russel Metals  (TSX:RUS) 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.


Russel Metals  (TSX:RUS) 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.


Russel Metals 6-Month Price Index Related Terms

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


Russel Metals Business Description

Traded in Other Exchanges
Address
6600 Financial Drive, Mississauga, ON, CAN, L5N 7J6
Russel Metals Inc is a Canada-based metal distribution company. The company conducts business primarily through three metals distribution segments: metals service centers; Energy Field Stores; and steel distributors. The metal service centers provide processing and distribution services to a broad base of end-users. The Energy Field Stores segment distributes oil country tubular goods, line pipe, tubes, valves, and fittings, primarily to the energy industry in Western Canada and the U.S. The steel distributors segment acts as master distributors selling steel in large volumes to other steel service centers and equipment manufacturers mainly on an "as is" basis. The company generates all of its revenue from the North American market.
Executives
Stewart Burton Director
William Michael O'reilly Director
Daniel Bailey Senior Officer
Cynthia Johnston Director
Martin Leb Juravsky Senior Officer
Sherri Lynn Mckelvey Senior Officer
Lesley Margaret Seppings Coleman Senior Officer
Brian Robie Hedges Director
John Gregory Reid Senior Officer
Gregg Edward Bryant Senior Officer
Maureen Ann Kelly Senior Officer
Roger Paiva Director
Alice D. Laberge Director
James Francis Dinning Director
Annie Thabet Director

Russel Metals Headlines

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