Freightways traded at 14.12 this Tuesday February 3rd, decreasing 0.23 or 1.60 percent since the previous trading session. Looking back, over the last four weeks, Freightways lost 0.50 percent. Over the last 12 months, its price rose by 30.74 percent. Looking ahead, we forecast Freightways to be priced at 14.32 by the end of this quarter and at 13.52 in one year, according to Trading Economics global macro models projections and analysts expectations.
Freightways Limited is engaged in the operation of express package and business mail services, and information management services. The Company's segments include Express package & business mail, Information management, and Corporate and other. The Express package & business mail segment includes network courier, point-to-point courier and postal services. The Information management segment includes secure paper-based and electronic business information management services. The Corporate and other segment includes corporate, financing and property management services. The Company delivers approximately 200,000 items each business day and approximately 50 million items each year. It offers a range of archive management services for documents, computer media and document destruction throughout New Zealand and Australia. It also provides both digital conversion and online back-up services to complement the physical storage and protection of documents and other media.