Kirby traded at $141.89 this Wednesday July 15th, decreasing $3.15 or 2.17 percent since the previous trading session. Looking back, over the last four weeks, Kirby lost 0.24 percent. Over the last 12 months, its price rose by 24.93 percent. Looking ahead, we forecast Kirby to be priced at 140.75 by the end of this quarter and at 132.10 in one year, according to Trading Economics global macro models projections and analysts expectations.
Kirby Corporation is a domestic tank barge operator, transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along all three United States coasts and in Alaska and Hawaii. The Company's segments include Marine Transportation and distribution and services. The Company, through its marine transportation segment, is a provider of marine transportation services, operating tank barges and towing vessels transporting bulk liquid products throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along all three United States coasts, and in Alaska and Hawaii. The Company, through its distribution and services segment, sells replacement parts, provides service mechanics to overhaul and repair engines, transmissions, reduction gears, and related oilfield services equipment, transmissions, and reduction gears, marine, power generation, on-highway, and other industrial applications.