NIS ad Novi Sad traded at 718.00 this Tuesday January 14th, decreasing 26.00 or 3.49 percent since the previous trading session. Looking back, over the last four weeks, NIS ad Novi lost 5.90 percent. Over the last 12 months, its price fell by 11.90 percent. Looking ahead, we forecast NIS ad Novi Sad to be priced at 709.67 by the end of this quarter and at 685.26 in one year, according to Trading Economics global macro models projections and analysts expectations.
Nis ad Novi Sad is a Serbia-based company active in the oil and gas industry. The Company provides its business operations within five segments: Research and Production, involved in exploration and production of oil and gas, including production, infrastructure and operational support, oil and gas reserves management; Oilfield services, providing support in exploration and production in oil and gas upstream activities, such as geophysical services, drilling and overhaul of wells, transportation, machinery maintenance and construction of oil and gas systems; Refining, with oil derivatives production plants in Pancevo and Novi Sad; Sales & Distribution, covering foreign and domestic trade, wholesale of oil derivates and the retail of derivates and liquid petroleum gas; and Others, including generation and sale o electricity and thermal energy.