Cie Automotive traded at 28.90 this Thursday May 14th, decreasing 2.35 or 7.52 percent since the previous trading session. Looking back, over the last four weeks, Cie Automotive lost 1.23 percent. Over the last 12 months, its price rose by 19.67 percent. Looking ahead, we forecast Cie Automotive to be priced at 29.24 by the end of this quarter and at 27.07 in one year, according to Trading Economics global macro models projections and analysts expectations.
CIE Automotive SA is a Spain-based company engaged, through its subsidiaries, in the production of biofuels, as well as in the supply of components and subassemblies for the automotive industry. The Company is also involved in the Information Technology (IT) sector, with the provision of technological solutions for the healthcare, education, sustainability, transport and communications sectors. The Company is a parent of Grupo CIE Automotive, a group which comprises a number of controlled entities with operations established in Spain, Portugal, France, Lithuania, Morocco, Czech Republic, Romania, Brazil, Argentina, China, Russia, Guatemala and Mexico, among others. The Company has such subsidiaries as Global Dominion Access SA, CIE Inversiones e Inmuebles Sociedad Limitada and CIE Berriz Sociedad Limitada, among others. In February 2014, the Company acquired a 50% stake in RS Automotive NV owned by VEP Fund I Holding Cooperatief WA.