JTEKT traded at 1,952.50 this Monday May 18th, decreasing 74.50 or 3.68 percent since the previous trading session. Looking back, over the last four weeks, JTEKT lost 10.12 percent. Over the last 12 months, its price rose by 70.67 percent. Looking ahead, we forecast JTEKT to be priced at 1,946.33 by the end of this quarter and at 1,723.06 in one year, according to Trading Economics global macro models projections and analysts expectations.
JTEKT Corporation is a Japan-based company mainly engaged in the manufacture and sale of equipment parts and machine tools. The Company operates in two business segments. The Equipment Parts segment is engaged in the provision of steering products such as electric power steering systems and hydraulic power steering systems, driving products such as drive shafts, electronically controlled four-wheel drive (4WD) couplings and pressure reducing valves for fuel cell electric vehicles (FCV), bearing products such as ball bearings, roller bearings and bearing units. The Machine Tools segment is engaged in the provision of grinding equipment, cutting equipment, machining centers, control equipment and industrial heat treatment furnaces.