Griffon traded at $71.42 this Thursday April 2nd, decreasing $1.84 or 2.51 percent since the previous trading session. Looking back, over the last four weeks, Griffon lost 13.03 percent. Over the last 12 months, its price rose by 2.53 percent. Looking ahead, we forecast Griffon to be priced at 69.27 by the end of this quarter and at 63.20 in one year, according to Trading Economics global macro models projections and analysts expectations.
Griffon Corporation is a diversified management and holding company. The Company's segments include Consumer and Professional Products (CPP), Home and Building Products (HBP) and Defense Electronics (DE). CPP segment consists of AMES Companies, Inc., which is a manufacturer and a global provider of branded consumer and professional tools and products for home storage and organization, landscaping, and enhancing outdoor lifestyles. CPP sells products globally through a portfolio of brands, including True Temper, AMES, and ClosetMaid. HBP segment consists of Clopay Corporation (Clopay), which is a manufacturer and marketer of garage doors and rolling steel doors in North America. DE segment consists of Telephonics Corporation, which is a provider of sophisticated intelligence, surveillance and communications solutions for defense, aerospace and commercial customers.