Formosa Plastic | 1301

Stock Price
37.80
Daily Change
-0.45 -1.18%
Monthly
-1.56%
Yearly
-18.27%
Q3 Forecast
37.39

Peers Price Chg Day Year Date
Nan Ya Plastic 38.45 -0.45 -1.16% -4.00% Sep/05
Formosa Chem & Fiber 28.55 -0.45 -1.55% -26.51% Sep/05
Goldsun Building Materials 37.05 -0.80 -2.11% -33.84% Sep/05
Sinopec 5.69 -0.09 -1.56% -13.79% Sep/05
Hengli Petrochemical 17.20 0.06 0.35% 35.43% Sep/05
Formosa Petroche 39.45 -0.15 -0.38% -21.57% Sep/05
PetroChina 7.69 0.06 0.79% 29.68% Sep/05
CNOOC 20.00 0.21 1.06% 4.82% Sep/05
Alpek 8.56 0 0% -31.96% Sep/05
Petronas Chemicals 4.20 -0.10 -2.33% -25.00% Sep/04

Indexes Price Day Year Date
Taiwan Stock Market Index 24495 314.73 1.30% 14.27% Sep/05

Formosa Plastic traded at 37.80 this Friday September 5th, decreasing 0.45 or 1.18 percent since the previous trading session. Looking back, over the last four weeks, Formosa Plastic lost 1.56 percent. Over the last 12 months, its price fell by 18.27 percent. Looking ahead, we forecast Formosa Plastic to be priced at 37.39 by the end of this quarter and at 36.18 in one year, according to Trading Economics global macro models projections and analysts expectations.

Formosa Plastics Corporation is a Taiwan-based company principally engaged in the manufacture and sales of chemical products. The Company operates through eight divisions. The Plastic division provides polyvinyl chloride (PVC) powders and liquid soda. The Polyolefin division provides high-density polyethylene (PE), polyvinyl acetate, low-density PE and linear low-density PE. The Polypropylene division provides polypropylene products. The Taililang division provides acrylic staple fibers, acrylic ester and carbon fibers. The Chemicals division provides acrylonitrile, methyl tert-butyl ether, methacrylic ester and epoxy chloropropane. The Calcium Carbide division provides calcium carbonates and calcium carbides. The Public Work division provides water, electricity and steam. The Others division provides distributed control systems (DCSs).