Marcopolo SA traded at 5.97 this Friday May 15th, decreasing 0.14 or 2.29 percent since the previous trading session. Looking back, over the last four weeks, Marcopolo lost 12.97 percent. Over the last 12 months, its price fell by 15.68 percent. Looking ahead, we forecast Marcopolo SA to be priced at 6.27 by the end of this quarter and at 5.77 in one year, according to Trading Economics global macro models projections and analysts expectations.
Marcopolo SA, formerly Marcopolo SA - Carrocerias e Onibus, is a Brazil-based company primarily engaged in the manufacture of buses. The Company's activities are divided into two business segments: Industrial and Finance. The Industrial division focuses on designing, producing and distributing bus bodies and spare parts. Its product lines comprise a range of models, including coaches, intercity, urban and micro buses, as well as light commercial vehicles (LCVs), which are marketed under the Volare brand name. The Finance division is responsible for financing transactions through Banco Moneo. Its financial products include personal and commercial credits, leasing with purchase option, short-term loans and credit lines. The Company operates through a number of subsidiaries in Brazil, Argentina, Mexico, Canada, South Africa and China, among others.