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AcouSort AB (OSTO:ACOU) 6-Month Price Index : 0.89 (As of Jun. 09, 2024)


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What is AcouSort AB 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), AcouSort AB's 6-Month Price Index is 0.89.

Competitive Comparison of AcouSort AB's 6-Month Price Index

For the Biotechnology subindustry, AcouSort AB'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.

AcouSort AB  (OSTO:ACOU) 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.

AcouSort AB  (OSTO:ACOU) 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.

AcouSort AB 6-Month Price Index Related Terms

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

AcouSort AB (OSTO:ACOU) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » AcouSort AB (OSTO:ACOU) » Definitions » 6-Month Price Index
Comparable Companies
OSTO:MAGLE OSTO:CLBIO OSTO:KAN OSTO:ATORX OSTO:GUARD OSTO:SANION OSTO:BIOWKS OSTO:ABLI OSTO:IMMU OSTO:IRLAB A OCSE:NOVO B VRTX REGN ASX:CSL SGEN XKRX:207940 MRNA HKSE:02269 XBRU:ARGX BNTX
Traded in Other Exchanges
4SA:Germany
Address
Medicon Village, Lund, SWE, SE-223 81
Website
https://www.acousort.com
AcouSort AB is a company that specializes in products and solutions for the automated preparation of biological samples for researchers and life science companies. Its technology is based on using ultrasound to isolate, separate or trap microscopic particles such as blood cells, bacteria, or extracellular vesicles in microfluidic channels. The company products include AcouTrap, AcouWash, and AcouPlasma.

AcouSort AB (OSTO:ACOU) Headlines

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