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Nuran Wireless (XCNQ:NUR) 6-Month Price Index : 1.00 (As of Apr. 30, 2024)


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What is Nuran Wireless 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 (2024-04-30), Nuran Wireless's 6-Month Price Index is 1.00.

Competitive Comparison of Nuran Wireless's 6-Month Price Index

For the Communication Equipment subindustry, Nuran Wireless'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.

Nuran Wireless  (XCNQ:NUR) 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.

Nuran Wireless  (XCNQ:NUR) 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.

Nuran Wireless 6-Month Price Index Related Terms

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

Nuran Wireless (XCNQ:NUR) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Nuran Wireless Inc (XCNQ:NUR) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:YTY TSXV:YFI TSXV:NVI TSXV:TTZ TSXV:BEW TSX:BYL TSXV:ENA XCNQ:CTTT CSCO MSI SHSE:601138 HPE OHEL:NOKIA SZSE:000063 SHSE:688036 OSTO:ERIC B ZBRA TPE:2345 SHSE:600745 JNPR
Traded in Other Exchanges
NRRWF:USA 1RNA:Germany
Address
2150 Cyrille-Duquet Street, Suite 100, Quebec, QC, CAN, G1N 2G3
Website
https://www.nuranwireless.com
Nuran Wireless Inc is engaged in the Network as a Service (NAAS) business. The group operates in the research, development, manufacturing, marketing and operation of digital electronic circuits and wireless telecommunication products and offers services in the mobile telephony industry. It also provides products and services that help mobile network operators profitably serve off-grid markets that are currently not served. It has two reportable segments NaaS and Direct sales. The majority of the revenue is derived from Africa followed by Canada and so on.

Nuran Wireless (XCNQ:NUR) Headlines

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