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PTwit Sumbermasrana Tbk (ISX:SSMS) 6-Month Price Index : 0.99 (As of Jun. 08, 2024)


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What is PTwit Sumbermasrana Tbk 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), PTwit Sumbermasrana Tbk's 6-Month Price Index is 0.99.

Competitive Comparison of PTwit Sumbermasrana Tbk's 6-Month Price Index

For the Farm Products subindustry, PTwit Sumbermasrana Tbk'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.

PTwit Sumbermasrana Tbk  (ISX:SSMS) 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.

PTwit Sumbermasrana Tbk  (ISX:SSMS) 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.

PTwit Sumbermasrana Tbk 6-Month Price Index Related Terms

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

PTwit Sumbermasrana Tbk (ISX:SSMS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Sawit Sumbermas Sarana Tbk (ISX:SSMS) » Definitions » 6-Month Price Index
Comparable Companies
ISX:TAPG ISX:JPFA ISX:STAA ISX:SMAR ISX:AALI ISX:LSIP ISX:DSNG ISX:TLDN ISX:SGRO ISX:CPRO ADM SZSE:002714 SZSE:300498 SHSE:600438 TSN BG OSL:MOWI OSL:SALM SZSE:000876 ISX:CPIN
Traded in Other Exchanges
16S:Germany
Address
Jalan H. Udan Said Number 47, Kalimantan Tengah, Pangkalan Bun, IDN, 74113
Website
https://www.ssms.co.id
PT Sawit Sumbermas Sarana Tbk operates several palm oil plantations and mills in Southeast Asia. It acquired land by either purchasing, obtaining land permits, or through a licensing process. The company harvests and processes the crops into crude palm oil, palm kernels, and palm kernel oil. Performance and plantation management is consistently monitored by agronomists, plant engineers, and experienced management. To achieve optimal capacity at its mills, the company may purchase crude palm oil from local farmers. It markets, sells, and distributes products directly to consumers and implemented a system where its sales team negotiates the price and delivery terms for each sale.

PTwit Sumbermasrana Tbk (ISX:SSMS) Headlines

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