Axalta Coating Systems traded at $27.24 this Thursday March 26th, decreasing $0.42 or 1.52 percent since the previous trading session. Looking back, over the last four weeks, Axalta Coating Systems lost 18.47 percent. Over the last 12 months, its price fell by 17.73 percent. Looking ahead, we forecast Axalta Coating Systems to be priced at 26.83 by the end of this quarter and at 24.49 in one year, according to Trading Economics global macro models projections and analysts expectations.
Axalta Coating Systems Ltd. is a manufacturer, marketer, and distributor of coating systems. The Company operates through two segments: Performance Coatings and Mobility Coatings. Its Performance Coatings segment provides liquid and powder coatings solutions to a fragmented and local customer base, as well as a number of regional and global customers. Its Mobility Coatings segment provides coating technologies to original equipment manufacturers (OEMs) of light and commercial vehicles. It offers a range of specially-formulated waterborne and solvent borne products and systems used by the global automotive refinish industry to repair damaged vehicles. Its refinish products and systems include a range of coatings layers required to match the vehicle’s color and appearance. Its industrial brands include Voltatex, AquaEC, Durapon, Hydropon, UNRIVALED, Tufcote, and Ceranamel for liquid coatings and Alesta, Nap-Gard, Abcite and Plascoat for powder coatings.