Epiroc traded at 236.50 this Monday March 9th, decreasing 8.10 or 3.31 percent since the previous trading session. Looking back, over the last four weeks, Epiroc lost 10.82 percent. Over the last 12 months, its price rose by 10.36 percent. Looking ahead, we forecast Epiroc to be priced at 237.78 by the end of this quarter and at 218.42 in one year, according to Trading Economics global macro models projections and analysts expectations.
Epiroc AB is a Sweden-based productivity and sustainability partner for customers within mining and infrastructure. The Company’s products are primarily used in hard rock applications. Epiroc develops and provides equipment such as drilling rigs, quarrying and construction equipment and tools for above-ground and underground applications. The company also offers service and other aftermarket support as well as solutions for automation, digitization and electrification. The Group has two reporting segments, Equipment & Service and Tools & Attachments. Equipment & Service provides mining and rock excavation equipment and related service and spare parts. Tools & Attachments provides rock drilling tools and hydraulic attachments that are attached to machines and mainly used for drilling, demolition and recycling as well as rock excavation.