Chubu Electric Power traded at 2,596.00 this Thursday March 26th, decreasing 21.00 or 0.80 percent since the previous trading session. Looking back, over the last four weeks, Chubu Electric Power lost 1.57 percent. Over the last 12 months, its price rose by 52.30 percent. Looking ahead, we forecast Chubu Electric Power to be priced at 2,482.30 by the end of this quarter and at 2,170.20 in one year, according to Trading Economics global macro models projections and analysts expectations.
Chubu Electric Power Co Inc is a Japan-based company mainly engaged in the electricity and energy business. The Company has three business segments. The Sales segment is engaged in the comprehensive energy services. The Power Network segment is engaged in the provision of power network services. The JERA segment is engaged in the upstream and procurement of fuel, wholesale of power generation and gas. The Company is also engaged in the sales of liquefied natural gas, the design, operation and maintenance of energy equipment, telecommunication construction business, the advertising, leasing and insurance agency business, the construction, inspection and repair of electrical facilities, the leasing and management of real estate, the maintenance of thermal and nuclear power plants, the acceptance, storage, gasification and delivery of liquefied natural gas, the provision of information processing services, the software business and others. It is also engaged in biomass power generation.