Park Ohio traded at $47.37 this Friday October 2nd, increasing $0.83 or 1.78 percent since the previous trading session. Looking back, over the last four weeks, Park Ohio gained 5.43 percent. Over the last 12 months, its price rose by 126.87 percent. Looking ahead, we forecast Park Ohio to be priced at 47.00 by the end of this quarter and at 44.02 in one year, according to Trading Economics global macro models projections and analysts expectations.
Park-Ohio Holdings Corp. (ParkOhio) is a diversified international company providing supply chain management outsourcing services, capital equipment used on their production lines and manufactured components used to assemble its products. It operates through segments such as Supply Technologies, Assembly Components and Engineered Products. Supply Technologies provides its customers with Total Supply Management, which manages every aspect of supplying production parts and materials to its customers' manufacturing floor, from strategic planning to program implementation. Assembly Components manufactures products oriented towards fuel efficiency and reduced emission standards and vehicle electrification. Engineered Products segment operates a group of manufacturing businesses that design and manufacture a range of products, including induction heating and melting systems, pipe threading systems, and forged and machined products.