Port Of Tauranga traded at 7.90 this Tuesday February 3rd, decreasing 0.01 or 0.13 percent since the previous trading session. Looking back, over the last four weeks, Port Of Tauranga lost 1.94 percent. Over the last 12 months, its price rose by 23.05 percent. Looking ahead, we forecast Port Of Tauranga to be priced at 7.86 by the end of this quarter and at 7.42 in one year, according to Trading Economics global macro models projections and analysts expectations.
Port Of Tauranga Limited is a New Zealand-based company, which operates a port and natural freight gateway to and from international markets for various New Zealand's businesses. The Company carries out its business through the provision of wharf facilities, land and buildings, for the storage and transit of import and export cargo, berthage, cranes, tugs and pilot services for customers. The Company operates through three segments: Port Operations, Property Services and Marshalling Services. The Port Operations segment's operations consist of providing and managing port services, and cargo handling facilities through the Port of Tauranga and MetroPort. The Property Services segment consists of managing and maintaining the port's property assets. The Marshalling Services segment consists of the contracted terminal operations, stevedoring, marshalling and scaling activities of Quality Marshalling (Mount Maunganui) Limited, a subsidiary of the Company.