Alarko Holding AS traded at 89.80 this Friday March 13th, decreasing 3.00 or 3.23 percent since the previous trading session. Looking back, over the last four weeks, Alarko Holding AS lost 22.45 percent. Over the last 12 months, its price rose by 5.34 percent. Looking ahead, we forecast Alarko Holding AS to be priced at 86.03 by the end of this quarter and at 75.64 in one year, according to Trading Economics global macro models projections and analysts expectations.
Alarko Holding AS is a Turkey-based holding company. Alarko Group companies operate in power generation and utilities under energy segment, construction, industry and trade, tourism, real estate investments and property development sectors along with venture capital arm. The holding company aside from itself has two listed subsidiaries; one is Alarko REIT (ALGYO) and the other is Alarko Carrier (ALCAR). The Energy Group produces and distributes electric power and natural gas through its power plants across Turkey. The Contracting Group companies operate as general contractors, and are engaged in the construction of commercial buildings and industrial plants. The Industry and Trade Group produces and markets heating, ventilation, air conditioning units and pumps, as well as providing after-sale services. The Tourism Division operates and manages hotels and holiday resorts. The Property Development Group is involved in the development, design and construction of recreational facilities.