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Primoris Services (FRA:1PM) 6-Month Price Index : 1.62 (As of May. 18, 2024)


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What is Primoris Services 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 (2024-05-18), Primoris Services's 6-Month Price Index is 1.62.

Competitive Comparison of Primoris Services's 6-Month Price Index

For the Engineering & Construction subindustry, Primoris Services'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.

Primoris Services  (FRA:1PM) 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.

Primoris Services  (FRA:1PM) 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.

Primoris Services 6-Month Price Index Related Terms

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

Primoris Services (FRA:1PM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Primoris Services Corp (FRA:1PM) » Definitions » 6-Month Price Index
Comparable Companies
GVA IESC ROAD MYRG STRL NVEE ACA AMRC TPC DY XPAR:DG NSE:LT PWR SHSE:601668 SHSE:601390 TSX:WSP J XKRX:028260 HKSE:01800 EME
Traded in Other Exchanges
PRIM:USA 1PM:Germany
Address
2300 N. Field Street, Suite 1900, Dallas, TX, USA, 75201
Website
https://www.primoriscorp.com
Primoris Services Corp is a specialty contractor and infrastructure company in the United States. It has three operating segments. The Utility segment specializes in a range of services, including the installation and maintenance of new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The pipeline segment constructs and maintains pipelines for the petroleum and petrochemical industries. The Energy/Renewables segment includes engineering, procurement, construction, retrofits, highway and bridge construction, demolition, and other services. The Energy/Renewables segment earns the majority of the revenue. Primoris earns most of its revenue in the U.S.

Primoris Services (FRA:1PM) Headlines

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