Goodyear Tire & Rubber traded at $5.64 this Friday May 15th, decreasing $0.15 or 2.59 percent since the previous trading session. Looking back, over the last four weeks, Goodyear Tire & Rubber lost 14.42 percent. Over the last 12 months, its price fell by 47.63 percent. Looking ahead, we forecast Goodyear Tire & Rubber to be priced at 5.53 by the end of this quarter and at 5.20 in one year, according to Trading Economics global macro models projections and analysts expectations.
The Goodyear Tire & Rubber Company is a manufacturer of tires. The Company develops, manufactures, markets and distributes tires for various applications. The Company also manufactures and markets rubber-related chemicals for various applications. The Company also operates commercial truck service and tire retreading centers. The Company operates business through three operating segments representing its regional tire businesses: Americas; Europe, Middle East and Africa (EMEA), and the Asia Pacific. It manufactures and markets various lines of rubber tires for automobiles, trucks, buses, aircraft, motorcycles, earthmoving and mining equipment, farm implements, industrial equipment, and various other applications. In addition, it operates approximately 1,000 retail outlets where it offers its products for sale to consumer and commercial customers and provides repair and other services. It manufactures products in approximately 47 manufacturing facilities in over 21 countries.