Encore Wire traded at $289.84 this Monday July 1st, increasing $0.01 or 0.004 percent since the previous trading session. Looking back, over the last four weeks, Encore Wire gained 0.45 percent. Over the last 12 months, its price rose by 55.25 percent. Looking ahead, we forecast Encore Wire to be priced at 281.09 by the end of this quarter and at 256.38 in one year, according to Trading Economics global macro models projections and analysts expectations.
Encore Wire Corporation is a manufacturer of electrical building wire and cable. The Company is a supplier of building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, manufactured housing, and data centers. It offers electrical building wire product, which includes NM-B cable, UF-B cable, THHN/THWN-2, XHHW-2, USE-2, RHH/RHW-2 and other types of wire products, including SEU, service entrance cable (SER), Photovoltaic, underground residential distribution wire (URD), tray cable, metal-clad and armored cable. These products are manufactured with copper or aluminum as the current-carrying component of the conductor. The Company also uses polyvinyl chloride (PVC) thermoplastic compounds, cross linked polyethylene cable (XLPE) compounds, steel, paper and nylon for manufacturing the products.