Trustpower traded at 6.94 this Wednesday May 4th, decreasing 0.06 or 0.86 percent since the previous trading session. Looking back, over the last four weeks, Trustpower lost 2.12 percent. Over the last 12 months, its price fell by 19.30 percent. Looking ahead, we forecast Trustpower to be priced at 6.80 by the end of this quarter and at 6.39 in one year, according to Trading Economics global macro models projections and analysts expectations.

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Peers Price Day Year
Cheung Kong 49.10 -0.10 -0.20% 3.37%
CLP Group 66.00 0.40 0.61% -14.78%
Power Assets 49.75 -0.15 -0.30% 0.30%
Contact Energy 7.70 0.02 0.26% -5.29%
Fletcher Building 5.38 0.08 1.51% -29.02%
Genesis Energy 3.00 0.03 0.84% -9.79%
Infratil 9.10 0.03 0.28% 21.50%
Mercury NZ Ltd 6.42 -0.01 -0.16% -3.46%
Meridian Energy 5.20 0.05 0.97% 0.68%
Vector 4.65 -0.07 -1.48% 15.67%

Indexes Price Day Year
NZX 50 11703 -25.66 -0.22% -7.86%

Trustpower Ltd is an electricity generator and energy retailer. The Company supplies gas and telecommunications services to its New Zealand customers as part of its multi-product retail business. The Company focuses on operating a multi-product retail business, including electricity, gas and telecommunications services with approximately 266,000 electricity customer connections, approximately 40,000 gas customer connections and approximately 100,000 telecommunications customer connections. It offers businesses a range of landline voice services. The Company also provides a range of Internet plans with options, including Ultra Fast Broadband and broadband. It delivers liquefied petroleum gas (LPG) (bottled gas) to homes or businesses and collects the old bottle (canister). The Company's generation activities are undertaken in both New Zealand and Australia. Its retail operations are undertaken in New Zealand.