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Novra Technologies (TSXV:NVI) 6-Month Price Index : 2.40 (As of Dec. 14, 2024)


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What is Novra Technologies 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 (2024-12-14), Novra Technologies's 6-Month Price Index is 2.40.

Competitive Comparison of Novra Technologies's 6-Month Price Index

For the Communication Equipment subindustry, Novra Technologies'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.

Novra Technologies  (TSXV:NVI) 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.

Novra Technologies  (TSXV:NVI) 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.

Novra Technologies 6-Month Price Index Related Terms

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

Novra Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Novra Technologies Inc (TSXV:NVI) » Definitions » 6-Month Price Index
Comparable Companies
WLAN SYTA BOXL MLRT TPTW ELST MINM BDRL MITQ ASNS CSCO MSI SHSE:601138 HPE OSTO:ERIC B OHEL:NOKIA UI ZBRA SZSE:000063 JNPR
Traded in Other Exchanges
NVRVF:USA
Address
210 - 100 Innovation Drive, Winnipeg, MB, CAN, R3T 6G2
Website
https://www.novra.com
Novra Technologies Inc is engaged in the satellite data distribution business. It offers a comprehensive product portfolio including hardware, software, and services. In addition to its core video, radio, and data products, areas of expertise and added value include encryption and cybersecurity, next-generation hybrid networks (satellite/terrestrial/cloud), and efficient bandwidth utilization. The company is spread across the United States which is the key revenue driver, Canada, EMEA, and APAC.

Novra Technologies Headlines

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