Akcansa Cimento Sanayi ve Ticaret AS traded at 201.50 this Friday September 18th, decreasing 14.00 or 6.50 percent since the previous trading session. Looking back, over the last four weeks, Akcansa Cimento Sanayi Ve Ticaret lost 17.99 percent. Over the last 12 months, its price rose by 47.30 percent. Looking ahead, we forecast Akcansa Cimento Sanayi ve Ticaret AS to be priced at 194.04 by the end of this quarter and at 173.29 in one year, according to Trading Economics global macro models projections and analysts expectations.
Akcansa Cimento Sanayi ve Ticaret A.S. (Akcansa) is a Turkey-based manufacturer of cement, clinker, ready-mixed concrete (RMC) and aggregates. It is also engaged in port operations in Canakkale and Ambarli. Akcansa provides its products and services to various countries, including the United States, Canada, France, Italy and Spain. The Company operates three cement production plants in Istanbul and Canakkale, as well as terminals located in Ambarli, Aliaga and Yalova. It also operates more than 35 ready-mixed concrete facilities across Marmara and Aegean regions, under the Betonsa brand. Akcansa has been carrying out its aggregate production under the brand name of Agregasa at its three facilities, following the merger with Agrega San ve Tic AS the Company also has a subsidiary, Karcimsa Cimento San ve Tic AS, which is engaged in cement grinding. Akcansa is a joint venture between Sabanci Holding and Heidelberg Cement.