Codan Ltd traded at 54.62 this Friday November 13th, decreasing 1.45 or 2.59 percent since the previous trading session. Looking back, over the last four weeks, Codan lost 12.36 percent. Over the last 12 months, its price rose by 76.94 percent. Looking ahead, we forecast Codan Ltd to be priced at 53.49 by the end of this quarter and at 50.26 in one year, according to Trading Economics global macro models projections and analysts expectations.
Codan Limited is an Australia-based technology company. The Company develops robust technology solutions to solve customers’ communications, safety, security and productivity problems. It develops rugged and reliable electronics solutions for government, corporate, NGO and consumer markets across the globe. The Company’s segments include Communications, Metal Detection and Others. The Communications segment includes the design, development, manufacture, and marketing of communication solutions. The Metal Detection segment includes the design, development, manufacture, and marketing of metal detection equipment. The Other business segment relates to the manufacturing and sale of tracking products to Caterpillar Inc. Its metal detection business includes Minelab. Its Communications business includes Domo Tactical Communications and Zetron. The Company’s products are sold in more than 150 countries with a global network of dealers, distributors and agents.