Yantai Jereh Oilfield Services Group Co (SZSE:002353) 6-Month Price Index : 1.22 (As of Jun. 01, 2024)

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What is Yantai Jereh Oilfield Services Group Co 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 (2024-06-01), Yantai Jereh Oilfield Services Group Co's 6-Month Price Index is 1.22.

Competitive Comparison of Yantai Jereh Oilfield Services Group Co's 6-Month Price Index

For the Oil & Gas Equipment & Services subindustry, Yantai Jereh Oilfield Services Group Co'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.

Yantai Jereh Oilfield Services Group Co (SZSE:002353) 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.

Yantai Jereh Oilfield Services Group Co (SZSE:002353) 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.

Yantai Jereh Oilfield Services Group Co 6-Month Price Index Related Terms

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Yantai Jereh Oilfield Services Group Co (SZSE:002353) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Yantai Jereh Oilfield Services Group Co Ltd (SZSE:002353) » Definitions » 6-Month Price Index

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 7,Aucma Street, Laishan District, Shandong Province, Yantai, CHN, 264003

Website

http://www.jereh.com

Yantai Jereh Oilfield Services Group Co Ltd is a China-based company engaged in the manufacturing of oilfield equipment and the provision of oilfield services. It is engaged in drilling equipment and oil & gas field engineering equipment manufacturing, equipment maintenance and accessories sales, oil field engineering technology services, as well as oil & gas field construction services. The company conducts its businesses within domestic and overseas markets.

Executives

Lu Wei	Executives
Li Zhi Yong	Executives
Li Hui Tao	Director
Liu Zhen Feng	Director
Sun Wei Jie	Director
Wang Kun Xiao	Director
Dong Ting Ting	Supervisors
Wang Ji Li	Director
Liu Dong	Director
Li Xue Feng	Executives
Liu Yu Qiao	Supervisors
Cheng Yong Feng	Secretary Dong
Hu Wen Guo	Supervisors
Yu Xi Mao	Independent director
Yan Yu Li	Executives

Yantai Jereh Oilfield Services Group Co (SZSE:002353) Headlines

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