Corticeira Amorim traded at 6.39 this Wednesday March 18th, increasing 0.06 or 0.95 percent since the previous trading session. Looking back, over the last four weeks, Corticeira Amorim gained 8.97 percent. Over the last 12 months, its price fell by 21.21 percent. Looking ahead, we forecast Corticeira Amorim to be priced at 6.17 by the end of this quarter and at 5.71 in one year, according to Trading Economics global macro models projections and analysts expectations.
Corticeira Amorim SGPS SA (Corticeira Amorim) is a Portugal-based holding company engaged in the cork industry. The Company organizes its activities into five business divisions: Raw Materials, Cork Stoppers, Coverings, Cork Composites and Isolations. In the Raw Materials division, the Company is active in the purchase, storage and initial preparation of cork. The Cork Stoppers division produces and supplies various types of bottle caps, mainly for the wine industry. The Coverings division is active in the production of cork-based laminates. The Cork Composites and the Isolations units produce thermal, acoustic and anti-vibration insulation products, among others. The Company and its subsidiaries operate in Portugal, Spain, Tunisia, the United States, Australia, Germany, China, Italy, Argentina, France and Netherlands, among others. The Company is a subsidiary of Amorim Capital SGPS SA.