Lenzing traded at 25.20 this Monday February 2nd, decreasing 0.30 or 1.18 percent since the previous trading session. Looking back, over the last four weeks, Lenzing lost 4.78 percent. Over the last 12 months, its price rose by 5.00 percent. Looking ahead, we forecast Lenzing to be priced at 24.72 by the end of this quarter and at 22.52 in one year, according to Trading Economics global macro models projections and analysts expectations.
Lenzing AG is an Austria-based company active in the chemical industry. The Company manufactures cellulose fibers and offers special plastic polymer products. The Company operates through four business segments: the Fibers segment is responsible for manufacturing and marketing man-made cellulose fibers, and includes the business units Textile Fibers, Nonwoven Fibers, Pulp and Energy; the Plastics Products segment produces specialty products from plastic polymers, and includes the business units Plastics and Filaments; the Engineering segment operates in the field of mechanical and plant engineering, and provides engineering services, and the Other segment. The Company operates production facilities in Austria, Germany, the Czech Republic, the United Kingdom, the United States, Indonesia and China. The Company’s sales network encompasses sales companies in Hong Kong and Shanghai, China and sales offices in Indonesia, India and the United States.