Konecranes traded at 29.24 this Wednesday April 1st, increasing 1.30 or 4.65 percent since the previous trading session. Looking back, over the last four weeks, Konecranes gained 69.96 percent. Over the last 12 months, its price fell by 50.52 percent. Looking ahead, we forecast Konecranes to be priced at 27.40 by the end of this quarter and at 25.24 in one year, according to Trading Economics global macro models projections and analysts expectations.
Konecranes Abp is a Finland-based provider of maintenance services and spare parts for industrial equipment. The Company operates within three segments: Service, which provides specialized maintenance services and spare parts for all types of cranes and hoists, from a single piece of equipment to entire operations; Industrial Equipment offers industrial cranes, their components and lifting equipment solutions for a range of customers, including industries like general manufacturing, waste-to-energy and biomass, paper, power, automotive, aviation and metals production; and Port Solutions, which comprises container handling equipment, shipyard cranes, mobile harbor cranes and heavy-duty container handling and fork lift trucks, supported by a range of software solutions and services. The Company conducts operations in around 50 countries.