Nkt Holding A/S traded at 947.00 this Wednesday August 19th, decreasing 11.50 or 1.20 percent since the previous trading session. Looking back, over the last four weeks, Nkt Holding A/S lost 3.16 percent. Over the last 12 months, its price rose by 60.51 percent. Looking ahead, we forecast Nkt Holding A/S to be priced at 928.13 by the end of this quarter and at 821.92 in one year, according to Trading Economics global macro models projections and analysts expectations.
Nkt A/S is a Denmark-based provider of turnkey AC/DC cable solutions. The Company serves customers within the energy sector. NKT addresses three of the power cable industry’s market segments through its business lines Solutions, Applications and Service & Accessories. Each business line specializes in separate areas of the power cable market. Solutions specializes in high-voltage power cable solutions. Applications offers a broad range of low- and medium-voltage power cable solutions. Service & Accessories supplies off- and onshore power cable services and offers a full portfolio of power cable accessories across the medium- and high-voltage categories. The company operates in over 10 countries, with the main production sites located in the northern part of Europe.