Net Holding AS traded at 34.70 this Thursday October 22nd, decreasing 0.38 or 1.08 percent since the previous trading session. Looking back, over the last four weeks, Net Holding AS lost 9.26 percent. Over the last 12 months, its price fell by 26.61 percent. Looking ahead, we forecast Net Holding AS to be priced at 34.83 by the end of this quarter and at 30.87 in one year, according to Trading Economics global macro models projections and analysts expectations.
Net Holding AS is a Turkey-based holding company active in the tourism sector with duty-free store management, hotel management, real estate development and other touristic services. The Company's activities include the management of cafes, casinos, duty-free shops and book stores, publishing books for tourists and children, limousine services, and the operation of gift and souvenir shops under the Bazaar54 brand name. It maintains its activities in the hotel management and entertainment sectors in Turkey and abroad. The Company’s hotels are Merit Halki Palace, Merit Sahmaran and Merit Crystal Cover Hotel & Casino, among others. As of March 30, 2012, the Company’s subsidiaries included Gokova Turizm Tic. ve San. A.S, Loytas Laleli Otelcilik Yatirim Tur. ve Tic. A.S and Netel Net Otelcilik Yatirim ve Isl. A.S., among others.