Universal Corporation traded at $42.20 this Friday October 2nd, increasing $0.52 or 1.25 percent since the previous trading session. Looking back, over the last four weeks, Universal Corporation gained 8.24 percent. Over the last 12 months, its price fell by 23.88 percent. Looking ahead, we forecast Universal Corporation to be priced at 41.28 by the end of this quarter and at 38.65 in one year, according to Trading Economics global macro models projections and analysts expectations.
Universal Corporation is a leaf tobacco supplier. The Company operates through two segments: Tobacco Operations and Ingredients Operations. Its Tobacco Operations segment involves selecting, procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products. Through its various operating subsidiaries, it contracts, purchases, processes, and sells flue-cured and burley tobaccos, as well as dark air-cured and oriental tobaccos. The Flue-cured, burley, and oriental tobaccos are used in the manufacture of cigarettes as well as in shisha, and dark air-cured tobaccos are used in the manufacture of cigars, natural wrapped cigars, and cigarillos products. The Ingredients Operations segment provides its customers with range of plant-based ingredients for both human and pet consumption. The plant-based ingredients platform provides specialty vegetable and fruit-based ingredients for the food and beverage end markets.