Advanced Drainage Systems traded at $135.64 this Friday May 15th, decreasing $4.45 or 3.18 percent since the previous trading session. Looking back, over the last four weeks, Advanced Drainage Systems lost 6.01 percent. Over the last 12 months, its price rose by 11.31 percent. Looking ahead, we forecast Advanced Drainage Systems to be priced at 132.91 by the end of this quarter and at 125.06 in one year, according to Trading Economics global macro models projections and analysts expectations.
Advanced Drainage Systems, Inc. is a manufacturer of water management solutions in the stormwater and on-site septic wastewater industries, providing drainage solutions for use in the construction and agriculture marketplaces. The Company operates through four segments: Pipe, International, Infiltrator and Allied Products & Other. Pipe segment manufactures and markets performance thermoplastic corrugated pipe throughout the United States. Infiltrator segment is a provider of plastic leachfield chambers and systems, septic tanks and accessories, primarily for use in residential applications. International segment manufactures and markets products in regions outside of the United States, with owned facilities in Canada and those markets serviced through its joint ventures in Mexico and South America. Its Allied Products & Other segment offers adjacent technologies to its core Pipe offering, presenting a complete drainage solution for its clients and customers.