Messer Tehnogas a.d (XBEL:TGAS) 6-Month Price Index : 1.30 (As of Sep. 25, 2024)

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What is Messer Tehnogas a.d 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 (2024-09-25), Messer Tehnogas a.d's 6-Month Price Index is 1.30.

Competitive Comparison of Messer Tehnogas a.d's 6-Month Price Index

For the Specialty Chemicals subindustry, Messer Tehnogas a.d'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.

Messer Tehnogas a.d (XBEL:TGAS) 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.

Messer Tehnogas a.d (XBEL:TGAS) 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.

Messer Tehnogas a.d 6-Month Price Index Related Terms

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Messer Tehnogas a.d Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Messer Tehnogas a.d (XBEL:TGAS) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

Banjicki Put 62, Belgrade, SRB

Website

http://www.messer.rs

Messer Tehnogas a.d. is engaged in the production and marketing of industrial and medical gases. The company serves steel and metal, metallurgy, chemical and petrochemical, food and beverage, pharmaceutical, automobile, electronics, medicine, home care, cutting and welding, water treatment and ecology and scientific research industry. Its products include oxygen, azot, argon, hydrogen, helium, home care, special gases, distribution line, HFC refrigerant fluids, natural cooling fluids, and other gases.

Messer Tehnogas a.d Headlines

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