Ence Energia y Celulosa SA traded at 2.21 this Monday February 2nd, decreasing 0.01 or 0.54 percent since the previous trading session. Looking back, over the last four weeks, Ence Energia y Celulosa lost 10.73 percent. Over the last 12 months, its price fell by 36.31 percent. Looking ahead, we forecast Ence Energia y Celulosa SA to be priced at 2.17 by the end of this quarter and at 2.00 in one year, according to Trading Economics global macro models projections and analysts expectations.
Ence Energia y Celulosa SA, formerly Grupo Empresarial ENCE SA, is a Spain-based company engaged in the operation of pulp mills. The Company' activities are divided into two business units: Pulp and Energy. The Pulp business unit is subdivided into three segments: Pulp, manufacturing pulp and pulp derivatives, such as lignin and biomass, as well as co-generating energy; Forest Management, providing forest crops and wood raw materials, and Forest Services & Other, including residual business activities, as well as forest support services. The Energy business unit focuses on generating energy using forestry and agricultural biomass, as well as, thermos and solar electric energy generation. The Company operates pulp mills and power generation plants in Spain.