Societatea Energetica Electrica SA traded at 56.70 this Monday August 24th, increasing 1.30 or 2.35 percent since the previous trading session. Looking back, over the last four weeks, Societatea Energetica Electrica gained 12.06 percent. Over the last 12 months, its price rose by 213.61 percent. Looking ahead, we forecast Societatea Energetica Electrica SA to be priced at 54.03 by the end of this quarter and at 50.11 in one year, according to Trading Economics global macro models projections and analysts expectations.
Societatea Energetica Electrica SA, formerly Societatea Comerciala de Distributie si Furnizare a Energiei Electrice Electrica SA, is a Romania-based company engaged in the utilities sector. Its business activities are divided into three business segments. The Distribution segment focuses on the exploitation of electricity, modernization and development of distribution network, as well as the measurement and management of power. The Transactions, Regulations and Services segment holds the license to supply electricity. The Energy Service division provides services for the energy market, including the maintenance of energy equipment, consulting services, design of facilities for public lighting and repair services. The Company operates through numerous subsidiaries, including E.ON Moldova Distribution SA, Enel Distribution Banat SA, FDEE SC Electrica Transilvania Nord Distribution, FISE SC Electrica Serv SA, Banat SC Energy Services and Soluziona SC Electrica SA, among others.