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ADM Tronics Unlimited (ADM Tronics Unlimited) 6-Month Price Index : 0.84 (As of May. 31, 2024)


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What is ADM Tronics Unlimited 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 (2024-05-31), ADM Tronics Unlimited's 6-Month Price Index is 0.84.


Competitive Comparison of ADM Tronics Unlimited's 6-Month Price Index

For the Medical Devices subindustry, ADM Tronics Unlimited'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.


ADM Tronics Unlimited  (OTCPK:ADMT) 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.


ADM Tronics Unlimited  (OTCPK:ADMT) 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.


ADM Tronics Unlimited 6-Month Price Index Related Terms

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


ADM Tronics Unlimited (ADM Tronics Unlimited) Business Description

Traded in Other Exchanges
N/A
Address
224 Pegasus Avenue, Northvale, NJ, USA, 07647
ADM Tronics Unlimited Inc is a diversified, technology-based developer and manufacturer of technologies and products in the United States. The company's operating segment includes Chemical; Electronics and Engineering. It generates maximum revenue from the Electronics segment. The Electronics segment develops and manufactures electronic technologies for non-invasive, electrotherapeutic and diagnostic medical devices as well as for veterinary and other applications. It derives revenue from the production and sale of electronics for medical devices and other applications; environmentally safe chemical products for industrial, medical and cosmetic uses; research, development, regulatory, and engineering services.

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