Aker Solutions traded at 38.18 this Friday April 17th, decreasing 4.32 or 10.16 percent since the previous trading session. Looking back, over the last four weeks, Aker Solutions lost 7.64 percent. Over the last 12 months, its price rose by 29.69 percent. Looking ahead, we forecast Aker Solutions to be priced at 37.40 by the end of this quarter and at 35.17 in one year, according to Trading Economics global macro models projections and analysts expectations.
Aker Solutions ASA is a Norway-based company active in the oil and gas industry. The Company provides products, systems and services ranging from concept studies and front-end engineering to subsea production systems and services for enhancing and extending the life of a field. The operations are managed through value-chain based delivery centers. It operates through two segments: Projects and Services. The Projects segment provides subsea equipment and systems, engineering and procurement in addition to brownfield maintenance, modifications and hook-up. The Services segment includes maintenance, repair, spares supply, installation and commissioning of subsea equipment and production asset through regional service bases. The main customers are international, national and independent oil and gas and energy companies. The Company is active worldwide.