Ponsse Oyj traded at 25.30 this Monday February 2nd, decreasing 0.30 or 1.17 percent since the previous trading session. Looking back, over the last four weeks, Ponsse Oyj lost 1.56 percent. Over the last 12 months, its price rose by 22.22 percent. Looking ahead, we forecast Ponsse Oyj to be priced at 24.94 by the end of this quarter and at 23.05 in one year, according to Trading Economics global macro models projections and analysts expectations.
Ponsse Oyj is a Finland-based company active within the forestry industry. It is primarily engaged in the development, manufacture and marketing of cut-to-length forest machines, information technology (IT) related to harvesting and the provision of service required in their utilization. The Company’s product portfolio comprises harvesters, forwarders, harvester heads, dual harwarders, cranes and loaders, control systems for mobile machines and trade-in machines. It also provides after-sales services and training technology. As of December 31, 2011, Ponsse had 11 wholly owned subsidiaries in Sweden, Norway, France, the United Kingdom, the United States, Brazil, the Russian Federation, Hong Kong, China, Uruguay and Finland, as well as one affiliated company in Finland. The Company does business in more than forty countries.