Molecular Energies (LSE:MEN) 6-Month Price Index : 0.08 (As of Jun. 09, 2024)

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What is Molecular Energies 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 (2024-06-09), Molecular Energies's 6-Month Price Index is 0.08.

Competitive Comparison of Molecular Energies's 6-Month Price Index

For the Oil & Gas E&P subindustry, Molecular Energies'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.

Molecular Energies (LSE:MEN) 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.

Molecular Energies (LSE:MEN) 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.

Molecular Energies 6-Month Price Index Related Terms

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Molecular Energies (LSE:MEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Molecular Energies PLC (LSE:MEN) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

PPC.GB:UK

Address

Selby Road, Carrwood Park, Leeds, West Yorkshire, GBR, LS15 4LG

Website

https://www.molecularenergiesplc.com

Molecular Energies PLC is a oil and gas exploration and production company. Its principal activity is oil and gas exploration, development and production, and the sale of hydrocarbons and related activities. The Group operates in one product segment which is the exploration and production of hydrocarbons. The Company has oil and gas production in two geographical markets: Argentina and the United States, as well as exploration assets in both Argentina and Paraguay.

Molecular Energies (LSE:MEN) Headlines

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