Akastor traded at 15.42 this Thursday March 26th, decreasing 0.18 or 1.15 percent since the previous trading session. Looking back, over the last four weeks, Akastor lost 10.94 percent. Over the last 12 months, its price rose by 17.00 percent. Looking ahead, we forecast Akastor to be priced at 15.28 by the end of this quarter and at 14.30 in one year, according to Trading Economics global macro models projections and analysts expectations.
Akastor ASA, formerly Aker Solutions ASA, is a Norway-based oilfield services investment company. It has a portfolio of industrial holdings, real estate and other investments. The portfolio comprises: drilling systems and lifecycle services supplier MHWirth; vessel-based subsea well construction and intervention services provider AKOFS Offshore; process systems and services supplier Fjords Processing; surface oil and gas equipment supplier KOP Surface Products; corporate services provider Frontica Business Solutions; and Real Estate and Other Holdings. The portfolio businesses are developed as stand-alone entities under the Akastor umbrella and represent the Company’s six reporting segments. Akastor ASA has a number of subsidiaries located in Australia, Canada, China, Germany, Indonesia, Malaysia, the Netherlands, Norway, Singapore, the United Kingdom, the United Arab Emirates, and the United States, among others.