Otter Tail traded at $92.34 this Wednesday August 26th, increasing $1.01 or 1.11 percent since the previous trading session. Looking back, over the last four weeks, Otter Tail gained 0.29 percent. Over the last 12 months, its price rose by 8.65 percent. Looking ahead, we forecast Otter Tail to be priced at 88.92 by the end of this quarter and at 83.33 in one year, according to Trading Economics global macro models projections and analysts expectations.
Otter Tail Corporation is a holding company. The Company operates through three segments: Electric, Manufacturing and Plastics. The Electric segment includes the generation, purchase, transmission, distribution and sale of electric energy in western Minnesota, eastern North Dakota and northeastern South Dakota. The Manufacturing segment consists of businesses in manufacturing activities, such as contract machining; metal parts stamping, fabrication and painting; and production of plastic thermoformed horticultural containers, life science and industrial packaging, material handling components, and extruded raw material stock. These businesses have manufacturing facilities in Georgia, Illinois and Minnesota and sell products primarily in the United States. The Plastics segment consists of businesses producing polyvinyl chloride (PVC) pipe at plants in North Dakota and Arizona. Its PVC pipes are sold primarily in the western half of the United States and Canada.