WEG SA traded at 42.73 this Friday October 23rd, decreasing 1.27 or 2.89 percent since the previous trading session. Looking back, over the last four weeks, WEG lost 15.79 percent. Over the last 12 months, its price rose by 3.29 percent. Looking ahead, we forecast WEG SA to be priced at 41.36 by the end of this quarter and at 37.50 in one year, according to Trading Economics global macro models projections and analysts expectations.
WEG SA is a Brazil-based holding company principally engaged in the manufacturing of electrical equipment and components. The Company is active, along with its subsidiaries, in the manufacture and marketing of goods, such as electric motors, generators and transformers; reducers, geared reducers, frequency inverters, starter motors and maneuver devices; control and protection of electric circuits and industrial automation; electric traction solutions (land and sea); solutions for the generation of renewable and distributed energy, exploring all opportunities in small hydroelectric plants and thermal biomass, wind and solar energy sources; no-breaks and alternators for groups of generators; electric substations; industrial electrical and electronic equipment systems, and industrial paint & varnish. It is active in Brazil, Argentina, Mexico, the United States, Portugal, Austria, South Africa, India, and China. It operates through Bluffton Motor Works LLC.