PannErgy (FRA:PPL) 6-Month Price Index : 1.15 (As of Jun. 11, 2024)

View and export this data going back to 2019. Start your Free Trial

What is PannErgy 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 (2024-06-11), PannErgy's 6-Month Price Index is 1.15.

Competitive Comparison of PannErgy's 6-Month Price Index

For the Utilities - Renewable subindustry, PannErgy'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.

PannErgy (FRA:PPL) 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.

PannErgy (FRA:PPL) 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.

PannErgy 6-Month Price Index Related Terms

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

PannErgy (FRA:PPL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » PannErgy Plc (FRA:PPL) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

PANNERGY:Hungary

Address

Budafoki ut 56, Budapest, HUN, 1117

Website

https://www.pannergy.com

PannErgy Plc is engaged in the usage of renewable, geothermal energy resources as well as asset management. It has one reportable segment which is Energy. The company is committed to the energy-related exploitation of one of Europe's largest active geothermal water resources. With environment-sparing investments, the company can set geothermal heat to serve households and industrial users, in the long run, thereby achieving a considerable reduction in energy expenses.