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Tecnicas Reunidas (XMAD:TRE) 6-Month Price Index : 1.13 (As of Apr. 27, 2024)


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What is Tecnicas Reunidas 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 (2024-04-27), Tecnicas Reunidas's 6-Month Price Index is 1.13.

Competitive Comparison of Tecnicas Reunidas's 6-Month Price Index

For the Engineering & Construction subindustry, Tecnicas Reunidas'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.

Tecnicas Reunidas  (XMAD:TRE) 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.

Tecnicas Reunidas  (XMAD:TRE) 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.

Tecnicas Reunidas 6-Month Price Index Related Terms

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Tecnicas Reunidas (XMAD:TRE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Tecnicas Reunidas SA (XMAD:TRE) » Definitions » 6-Month Price Index
Comparable Companies
XMAD:GRE XMAD:GSJ XMAD:OHLA XMAD:UBS XMAD:MDF XMAD:ENRS XMAD:EZE XMAD:CLR XMAD:SCYR XPAR:DG NSE:LT PWR SHSE:601668 SHSE:601390 TSX:WSP J XKRX:028260 EME HKSE:01800 XPAR:EN
Traded in Other Exchanges
0MKT:UK T5R:Germany TRE:Austria
Address
Arapiles Street, 14, Madrid, ESP, 28015
Website
http://www.tecnicasreunidas.es
Tecnicas Reunidas SA is a general contracting company. It engages in engineering, design and construction of industrial facilities for international customers including principal national oil companies and multinational companies. The firm's majority of business is focused on large turnkey industrial projects and it also offers engineering, management, start-up and operating services for industrial plants. Its business areas are oil and gas, power, infrastructures and industries. The company mainly operates in Spain, Middle East, Latin America, Asia and the Mediterranean region.

Tecnicas Reunidas (XMAD:TRE) Headlines

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