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TerraVest Industries (TSX:TVK) 6-Month Price Index : 2.08 (As of Jun. 08, 2024)


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What is TerraVest Industries 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 (2024-06-08), TerraVest Industries's 6-Month Price Index is 2.08.

Competitive Comparison of TerraVest Industries's 6-Month Price Index

For the Oil & Gas Equipment & Services subindustry, TerraVest Industries'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.

TerraVest Industries  (TSX:TVK) 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.

TerraVest Industries  (TSX:TVK) 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.

TerraVest Industries 6-Month Price Index Related Terms

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

TerraVest Industries (TSX:TVK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TerraVest Industries Inc (TSX:TVK) » Definitions » 6-Month Price Index
Comparable Companies
TSX:CEU TSX:PSI TSX:MATR TSX:TCW TSX:EFX TSX:NOA TSX:CFW TSX:TOT TSX:STEP TSX:SHLE SLB BKR HAL MIL:TEN FTI SHSE:601808 WFRD NOV CHX SHSE:600968
Traded in Other Exchanges
TRRVF:USA
Address
60 Street, Suite 6205, Vegreville, AB, CAN, T9C 1P7
Website
https://www.terravestindustries.com
TerraVest Industries Inc is a manufacturer of home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company's operating segments include, : Home Heating and Cooling Products (HVAC Equipment), Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment), Energy Processing Equipment (Processing Equipment) and Service. Majority of the revenue for the company is generated from its Compressed Gas Equipment segment which manufactures engineered products for the storage, distribution and dispensing of compressed gases including liquid propane gas, natural gas liquids, carbon dioxide and other gases. The company operates in Canada and United States.

TerraVest Industries (TSX:TVK) Headlines

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