Plasson Industries Ltd traded at 15,420.00 this Friday May 15th, decreasing 220.00 or 1.41 percent since the previous trading session. Looking back, over the last four weeks, Plasson Industries lost 6.86 percent. Over the last 12 months, its price fell by 28.68 percent. Looking ahead, we forecast Plasson Industries Ltd to be priced at 16,218.73 by the end of this quarter and at 14,829.88 in one year, according to Trading Economics global macro models projections and analysts expectations.
Plasson Industries Ltd. is an Israel-based manufacturer of plastic products conveying water and gas supplies. The Company engages in the development, production and marketing of technical products, mainly made of plastics. Plasson's products include mechanical compression fittings, threaded fittings, accessories and valves for plastic pipes conveying water and compressed air, offering solutions for the water, gas, telecommunications, mines, sewage and agricultural industries; electro-fusion fittings for pipes conveying liquids and gas; automatic poultry water systems, watering, nipples and cage cups for all types of poultry, from hatching to maturity, and cages for live poultry and chick boxes. The Company also produces dual quantity flushing cisterns and mechanisms for toilets, which aim towards water conservation.