Metair Investments Ltd traded at 496.00 this Friday May 15th, decreasing 29.00 or 5.52 percent since the previous trading session. Looking back, over the last four weeks, Metair Investments lost 6.42 percent. Over the last 12 months, its price fell by 38.69 percent. Looking ahead, we forecast Metair Investments Ltd to be priced at 481.47 by the end of this quarter and at 440.37 in one year, according to Trading Economics global macro models projections and analysts expectations.
Metair Investments Limited is a South Africa-based company that manufactures and supplies automotive components, and energy storage solutions for local and export automotive and industrial markets. The Company operates through two segments: Energy storage and Automotive components. Its Automotive components segment produces original equipment (OE) components used in the assembly of new vehicles, as well as spare parts and other products used in the South African automotive aftermarket. Its products include brake pads, shock absorbers, lights, radiators, and air-conditioners, as well as generic aftermarket products for use in imported vehicles. Its Energy storage manufactures batteries for use in mobility applications and in the telecoms, utility, mining, retail, and materials/products handling sectors. Its energy solution products include automotive and industrial batteries, solar systems, backup systems, standby systems, charging systems, battery distribution networks, and others.