Avgol Industries traded at 106.50 this Thursday May 28th, decreasing 0.60 or 0.56 percent since the previous trading session. Looking back, over the last four weeks, Avgol Industries lost 10.58 percent. Over the last 12 months, its price fell by 28.57 percent. Looking ahead, we forecast Avgol Industries to be priced at 109.74 by the end of this quarter and at 100.25 in one year, according to Trading Economics global macro models projections and analysts expectations.
Avgol Industries 1953 Ltd (Avgol) is an Israel-based company active in the textiles sector. The Company is engaged in manufacturing, marketing and sales of nonwoven fabricks, which are used of the manufacture of hygiene products, such as disposable diapers for infants and adults, and feminine hygiene products, and for the manufacturers of products used in agriculture, furniture, upholstery, construction, apparel, and disposable towels, among others. The Company’s production facilities include plants in the United States, Israel, China and the Russian Federation. As of December 31, 2011, the Company operated one wholly owned direct subsidiary, Avgol Ltd, and six indirect subsidiaries located in the United States, the Russian Federation, China, Cyprus and India.