GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Greenlane Renewables Inc (TSX:GRN) » Definitions » 6-Month Price Index

Greenlane Renewables (TSX:GRN) 6-Month Price Index : 0.59 (As of Jun. 08, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Greenlane Renewables 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), Greenlane Renewables's 6-Month Price Index is 0.59.

Competitive Comparison of Greenlane Renewables's 6-Month Price Index

For the Specialty Industrial Machinery subindustry, Greenlane Renewables'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.

Greenlane Renewables  (TSX:GRN) 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.

Greenlane Renewables  (TSX:GRN) 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.

Greenlane Renewables 6-Month Price Index Related Terms

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

Greenlane Renewables (TSX:GRN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Greenlane Renewables Inc (TSX:GRN) » Definitions » 6-Month Price Index
Comparable Companies
TSXV:TMG TSXV:QST XCNQ:SHRC NEOE:DESG TSXV:BRM TSXV:OSIX XCNQ:DST TSXV:WATR TSXV:EWS TSXV:APL VLTO XBRU:UMI ZWS FSS TSE:6370 SZSE:300390 SHSE:600388 OSTO:MTRS SHSE:603279 ATMU
Traded in Other Exchanges
GRNWF:USA 52G:Germany
Address
3605 Gilmore Way, Suite 110, Burnaby, BC, CAN, V5G 4X5
Website
https://www.greenlanerenewables.com
Greenlane Renewables Inc is a provider of biogas upgrading systems. Its systems produce clean, renewable natural gas from organic waste sources, including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as vehicle fuel. The company generates revenue in the form of System sales and Aftercare services. The company has its geographic presence in Canada, Europe and United States and Others.
Executives
Candice Alderson Director

Greenlane Renewables (TSX:GRN) Headlines