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Solaris Oilfield Infrastructure (FRA:68S) 6-Month Price Index : 1.07 (As of May. 18, 2024)


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What is Solaris Oilfield Infrastructure 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 (2024-05-18), Solaris Oilfield Infrastructure's 6-Month Price Index is 1.07.

Competitive Comparison of Solaris Oilfield Infrastructure's 6-Month Price Index

For the Oil & Gas Equipment & Services subindustry, Solaris Oilfield Infrastructure'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.

Solaris Oilfield Infrastructure  (FRA:68S) 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.

Solaris Oilfield Infrastructure  (FRA:68S) 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.

Solaris Oilfield Infrastructure 6-Month Price Index Related Terms

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Solaris Oilfield Infrastructure (FRA:68S) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Solaris Oilfield Infrastructure Inc (FRA:68S) » Definitions » 6-Month Price Index
Comparable Companies
RNGR FET CCLP NGS BOOM KLXE GEOS NINE DTI FTK SLB HAL BKR MIL:TEN FTI SHSE:601808 NOV WFRD CHX ASX:WOR
Traded in Other Exchanges
SOI:USA 68S:Germany
Address
9811 Katy Freeway, Suite 700, Houston, TX, USA, 77024
Website
https://www.solarisoilfield.com
Solaris Oilfield Infrastructure Inc provides oilfield products, services and infrastructure to enhance drilling, completions, efficiency and safety in North American shale plays. The company manufactures and provides its patented mobile proppant management systems that unload, store and deliver proppant at oil and natural gas well sites. Its systems reduce the customers' cost and time to complete wells by improving the efficiency of proppant logistics, in addition to enhancing well site safety. Its customers include oil and natural gas exploration and production companies as well as oilfield service companies. The company generates revenue primarily through the rental of its systems and related services, including transportation of systems and field supervision and support.

Solaris Oilfield Infrastructure (FRA:68S) Headlines

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