Sandvik traded at 356.20 this Friday March 13th, decreasing 24.00 or 6.31 percent since the previous trading session. Looking back, over the last four weeks, Sandvik lost 5.54 percent. Over the last 12 months, its price rose by 52.55 percent. Looking ahead, we forecast Sandvik to be priced at 346.26 by the end of this quarter and at 318.08 in one year, according to Trading Economics global macro models projections and analysts expectations.
Sandvik AB (Sandvik) is an engineering company in mining and rock excavation, metal-cutting and materials technology. The Company is engaged in the developing, manufacturing and marketing processed products and services. Its segments include Sandvik Machining Solutions, Sandvik Mining and Rock Technology, Sandvik Materials Technology and Other Operations. It operates in the areas of Mining, which includes delivering drill rigs; Engineering, which includes tools and tooling systems; Energy, which offers solutions for energy production; Automotive, which includes cemented-carbide tools and tooling systems; Construction, which provides solutions for the construction industry, and Aerospace, which works with aerospace companies. Its various product categories include metal-cutting tools and tooling systems; mining equipment and tools; construction equipment and tools; stainless steels, special alloys and titanium; furnace products and heating systems, and industrial processing systems.