Simpson Manufacturing traded at $184.36 this Friday October 23rd, decreasing $2.56 or 1.37 percent since the previous trading session. Looking back, over the last four weeks, Simpson Manufacturing lost 6.19 percent. Over the last 12 months, its price rose by 5.16 percent. Looking ahead, we forecast Simpson Manufacturing to be priced at 180.45 by the end of this quarter and at 169.22 in one year, according to Trading Economics global macro models projections and analysts expectations.
Simpson Manufacturing Co,. Inc., through its subsidiary, Simpson Strong-Tie Company Inc. (SST), designs, engineers and manufactures wood and concrete building construction products. Its wood construction products include connectors, truss plates, fastening systems, fasteners and pre-fabricated lateral resistive systems. Its wood construction products are used in light-frame construction. Its concrete construction products include adhesives, chemicals, mechanical anchors, carbide drill bits, powder actuated tools, fiber reinforced materials and other repair products used for protection and strengthening. Its concrete construction products are used in concrete, masonry and steel construction. The Company markets its products to the residential construction, light industrial and commercial construction, remodeling and do-it-yourself markets. It also provides engineering and design services. The Company's segments are North America, Europe and Asia/Pacific.