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Essential Utilities (FRA:A2A) 6-Month Price Index : 1.08 (As of May. 03, 2024)


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What is Essential Utilities 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 (2024-05-03), Essential Utilities's 6-Month Price Index is 1.08.

Competitive Comparison of Essential Utilities's 6-Month Price Index

For the Utilities - Regulated Water subindustry, Essential Utilities'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.

Essential Utilities  (FRA:A2A) 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.

Essential Utilities  (FRA:A2A) 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.

Essential Utilities 6-Month Price Index Related Terms

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

Essential Utilities (FRA:A2A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Essential Utilities Inc (FRA:A2A) » Definitions » 6-Month Price Index
Comparable Companies
CWT AWR SJW MSEX YORW ARIS CWCO ARTNA GWRS PCYO AWK BSP:SBSP3 LSE:SVT LSE:UU. HKSE:00270 SHSE:601158 SZSE:000598 HKSE:00371 LSE:PNN DFM:TABREED
Traded in Other Exchanges
WTRG:USA A2A:Germany
Address
762 West Lancaster Avenue, Bryn Mawr, PA, USA, 19010-3489
Website
https://www.essential.co
Essential Utilities is a Pennsylvania-based holding company for U.S. water, wastewater, and natural gas distribution utilities. The company's water business serves 3 million people in eight states. Nearly three fourths of its water earnings come from Pennsylvania, primarily suburban Philadelphia. Its Peoples subsidiary serves more than 700,000 gas distribution customers in Pennsylvania and Kentucky. Essential exited its noncore competitive water and energy services businesses.

Essential Utilities (FRA:A2A) Headlines

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