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Tecan Group AG (Tecan Group AG) 6-Month Price Index : 1.15 (As of Jun. 02, 2024)


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What is Tecan Group AG 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 (2024-06-02), Tecan Group AG's 6-Month Price Index is 1.15.

Competitive Comparison of Tecan Group AG's 6-Month Price Index

For the Medical Instruments & Supplies subindustry, Tecan Group AG'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.

Tecan Group AG  (OTCPK:TCGGY) 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.

Tecan Group AG  (OTCPK:TCGGY) 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.

Tecan Group AG 6-Month Price Index Related Terms

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Tecan Group AG (Tecan Group AG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Tecan Group AG (OTCPK:TCGGY) » Definitions » 6-Month Price Index
Comparable Companies
XSWX:YPSN XSWX:SKAN XSWX:CLTN XSWX:VBSN XSWX:STMN ISRG XPAR:EL BDX TSE:7741 XSWX:ALC OCSE:COLO B RMD WST XPAR:DIM TSE:4543 BAX COO HOLX TSE:7733 XTER:AFX
Traded in Other Exchanges
TCHBF:USA TECNz:UK TECN:Switzerland
Address
Seestrasse 103, Mannedorf, CHE, 8708
Website
https://www.tecan.com
Tecan Group AG sells automated laboratory instruments and solutions for the diagnostics and life science research markets. The firm operates in two segments; Life Sciences Business (end-customer business) segment supplies end users with automated workflow solutions directly. These solutions include laboratory instruments, software packages, application know-how, services, consumables, and spare parts, and Partnering Business (OEM business) segment develops and manufactures OEM instruments and components that are distributed by partner companies under their own names. A majority proportion of Tecan's revenue is generated in the Americas and Europe.

Tecan Group AG (Tecan Group AG) Headlines

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