Tongwei Co Ltd traded at 12.85 this Monday August 3rd, increasing 1.17 or 10.02 percent since the previous trading session. Looking back, over the last four weeks, Tongwei gained 10.40 percent. Over the last 12 months, its price fell by 35.97 percent. Looking ahead, we forecast Tongwei Co Ltd to be priced at 11.40 by the end of this quarter and at 10.59 in one year, according to Trading Economics global macro models projections and analysts expectations.
Tongwei Co Ltd is a China-based company principally engaged in the production and distribution of feedstuffs. The Company is involved in food processing, cultivation business and the production of animal drugs. The Company is also engaged in the research and development, manufacture and distribution of polysilicon and solar cells. The Company distributes its products in domestic market and overseas markets.