Formosa Petroche | 6505

Stock Price
39.45
Daily Change
-0.15 -0.38%
Monthly
-0.13%
Yearly
-22.50%
Q3 Forecast
39.02

Peers Price Chg Day Year Date
Formosa Plastic 37.80 -0.45 -1.18% -18.27% Sep/05
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
Oil Refineries 87.10 1.80 2.11% -5.02% Sep/07
Petronas Chemicals 4.20 -0.10 -2.33% -25.00% Sep/04
Petronas Dagangan 21.80 -0.20 -0.91% 7.50% Sep/04
Paz Oil Company 65,130.00 230.00 0.35% 69.12% Sep/07
Turkiye Petrol Rafinerileri AS 167.50 -1.30 -0.77% 3.91% Sep/05

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

Formosa Petroche traded at 39.45 this Friday September 5th, decreasing 0.15 or 0.38 percent since the previous trading session. Looking back, over the last four weeks, Formosa Petroche lost 0.13 percent. Over the last 12 months, its price fell by 22.50 percent. Looking ahead, we forecast Formosa Petroche to be priced at 39.02 by the end of this quarter and at 37.76 in one year, according to Trading Economics global macro models projections and analysts expectations.

Formosa Petrochemical Corp is a Taiwan-based company principally engaged in the refining and distribution of oil products. The Company’s principal products include oil products, such as naphtha, gasoline, diesel, jet fuel, kerosene, fuel oil and liquefied petroleum gas (LPG); petrochemical basic materials, such as ethylene, propylene and butadiene; utility products, such as power generation equipment and steam, as well as basic oil products. In addition, the Company is also involved in the storage of oil products and petrochemical materials, as well as the loading and unloading of port cargos.