voestalpine traded at 41.64 this Friday April 24th, decreasing 1.44 or 3.34 percent since the previous trading session. Looking back, over the last four weeks, voestalpine lost 4.68 percent. Over the last 12 months, its price rose by 83.60 percent. Looking ahead, we forecast voestalpine to be priced at 40.51 by the end of this quarter and at 37.31 in one year, according to Trading Economics global macro models projections and analysts expectations.
voestalpine AG is an Austria-based holding company engaged in the production and distribution of steel and related products. The Company operates, along with its subsidiaries, in four divisions: the Steel Division focuses on the production and processing of flat steel products for the automotive, white goods, and construction industries; the Special Steel Division manufactures long steel products, medium-wide strip steel, open-die forgings, and drop forgings; the Metal Engineering Division manufactures rails and turnout products, rod wire, drawn wire and pre-stressing steel, among others; and the Metal Forming Division provides metal processing solutions, in particular special tubes and sections, special strip steel, and complex components for the automotive industry, as well as manufactures welded tubes and hollow sections, open special sections, custom-made special tubes, and precision parts.