Nokian Tyres plc traded at 10.65 this Friday February 6th, decreasing 0.25 or 2.29 percent since the previous trading session. Looking back, over the last four weeks, Nokian Tyres lost 4.11 percent. Over the last 12 months, its price rose by 69.37 percent. Looking ahead, we forecast Nokian Tyres plc to be priced at 10.55 by the end of this quarter and at 9.75 in one year, according to Trading Economics global macro models projections and analysts expectations.
Nokian Tyres plc is a Finland-based company active in the tire manufacturing industry. The Company diversifies its activities into three main business segments: Passenger Car Tires, Heavy Tires and Vianor. The Passenger Car Tires business segment comprises the development and production of summer and winter tires for cars and vans. The Heavy Tires business segment comprises tires for forestry machinery, special tires and agricultural machinery, tractors and industrial machinery. The Vianor business segment is specialized in car maintenance and tyre services. The tyre products cover all sorts of tyres for passenger cars, vans and trucks, as well as heavy specialist machinery. In addition to Nokian Tyres’ products, Vianor also represents and sells other tyre brands. The Company diversifies its activities into geographical segments: Finland, Sweden, Norway, Other Europe and North America.