Zumtobel traded at 3.99 this Thursday March 26th, decreasing 0.11 or 2.57 percent since the previous trading session. Looking back, over the last four weeks, Zumtobel lost 5.12 percent. Over the last 12 months, its price fell by 13.37 percent. Looking ahead, we forecast Zumtobel to be priced at 3.90 by the end of this quarter and at 3.55 in one year, according to Trading Economics global macro models projections and analysts expectations.
Zumtobel Group AG, formerly known as Zumtobel AG, is an Austria-based company engaged in the provision of lighting solutions, luminaries, light management systems and lighting components for interior and exterior applications. The Company operates in two segments: The Lighting Segment covers luminaries, lighting management and lighting solutions business for indoor and outdoor applications, and comprises the brands Zumtobel, Thorn and acdc, as well as original equipment manufacturer (OEM) brand Reiss. The Components Segment is focused primarily on the development and marketing of control gear for conventional lighting components, light-emitting diodes (LED) converters and LED/organic light-emitting diode (OLED) modules, lighting management systems and connection technology under the Tridonic and acdc brands. The Company operates AC/DC LED Holdings Ltd as a majority owned subsidiary.