Hudaco Industries Ltd traded at 21,500.00 this Friday February 20th, increasing 877.00 or 4.25 percent since the previous trading session. Looking back, over the last four weeks, Hudaco Industries gained 8.01 percent. Over the last 12 months, its price rose by 6.44 percent. Looking ahead, we forecast Hudaco Industries Ltd to be priced at 20,925.95 by the end of this quarter and at 19,294.14 in one year, according to Trading Economics global macro models projections and analysts expectations.
Hudaco Industries Limited is a South Africa-based company, which is engaged in the importation and distribution of branded automotive, industrial and electrical consumable products, operating in the southern African region. The Company''s segments include Consumer-related products and Engineering consumables. The Consumer-related products segment comprises approximately 12 businesses. The engineering consumables segment comprises approximately 19 businesses. The Company''s automotive aftermarket, power tool and security, and communication equipment businesses supply products into markets with a bias towards consumer spending, and the mechanical and electrical power transmission, diesel engine, hydraulics and pneumatics, steel, thermoplastic fittings and bearings businesses supply engineering consumables mainly to mining and manufacturing customers. The Company''s activities include power tools and security equipment.