Tupy traded at 13.20 this Friday May 15th, decreasing 0.47 or 3.44 percent since the previous trading session. Looking back, over the last four weeks, Tupy lost 12.58 percent. Over the last 12 months, its price fell by 28.38 percent. Looking ahead, we forecast Tupy to be priced at 14.19 by the end of this quarter and at 13.07 in one year, according to Trading Economics global macro models projections and analysts expectations.
Tupy SA is a Brazil-based company principally engaged in the production and commercialization of parts for the automotive industry. The Company’s activities are divided into two business segments: Automotive and Hydraulics. The Automotive division focuses on manufacturing engines and its components, brake systems, bearings, as well as transmission, steering, axle and suspension components, among others. The Hydraulics division is responsible for producing flexible iron connections for the construction industry, iron and steel grits for the marble and granite processing industry, as well as cast-iron shapes for general use. The Company owns industrial plants and sales offices in a number of countries, such as Brazil, Mexico, the United States and Germany. The Company operates through Tupy Agroenergetica Ltda, Sociedade Tecnica de Fundicoes Gerais SA, Tupy American Foundry Co, Tupy American Iron & Alloys Co and Tupy Europe GmbH, among others.