Gulf Cement traded at 1.25 this Monday September 14th. Looking back, over the last four weeks, Gulf Cement lost 6.84 percent. Over the last 12 months, its price rose by 35.87 percent. Looking ahead, we forecast Gulf Cement to be priced at 1.21 by the end of this quarter and at 1.14 in one year, according to Trading Economics global macro models projections and analysts expectations.
Gulf Cement Company PSC is a United Arab Emirates-based company engaged in the production and distribution of all types of cement and related products. The Company is organized into two business segments: Manufacturing of all types of cement, and the Investments, which include investments in marketable equity securities, deposits with banks and investment properties. The Company’s products include Ordinary Portland Cement, Sulphate-Resisting Portland Cement, and Moderate Sulphate-Resisting Portland Cement. The Company's manufacturing plant is located in Ras Al Khaimah, and has an annual production capacity of 2.5 million tons of cement and 1.3 million tons of clinker. The Company markets its products locally, and exports to more than 11 countries.