Brooge Energy (Brooge Energy) 6-Month Price Index : 0.20 (As of Jun. 06, 2024)

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What is Brooge Energy 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 (2024-06-06), Brooge Energy's 6-Month Price Index is 0.20.

Competitive Comparison of Brooge Energy's 6-Month Price Index

For the Oil & Gas Midstream subindustry, Brooge Energy'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.

Brooge Energy (NAS:BROG) 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.

Brooge Energy (NAS:BROG) 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.

Brooge Energy 6-Month Price Index Related Terms

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Brooge Energy (Brooge Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Brooge Energy Ltd (NAS:BROG) » Definitions » 6-Month Price Index

Comparable Companies

NGL TK TNP EE OSG GPP SMLP PBT BPT MMLP TSX:ENB EPD WMB ET LNG OKE MPLX KMI TSX:TRP CQP

Traded in Other Exchanges

3SF:Germany

Address

c/o Brooge Petroleum and Gas Investment Company FZE, P.O. Box 50170, Fujairah, ARE

Website

https://www.broogeenergy.com

Brooge Energy Ltd is an Oil Refinery & Storage Company in the United Arab Emirates. The company generates revenue from the leasing of storage capacity of tanks and other ancillary services.