NWGL Price Prediction, Nature Wood Group Limited AI Recommendations

Forest products are materials derived from forestry for direct consumption or commercial use. Wood, for example, has variety or uses ranging from generating wood fuel (e.g. in the form of firewood or charcoal) to providing structural materials for the construction of buildings and home improvement, or in the form of wood pulp that is used in the paper production. . Pulp and paper industry, in particular, creates high volume demand for the wood materials including both softwood and hardwood. Major companies making such products include Trex Company, Inc. (manufacturer of wood-alternative decking and railings), Louisiana-Pacific Corporation (makes engineered wood building products) and Universal Forest Products, Inc. (manufactures and distributes wood and wood-alternative products, pressure-treated wood, and is a solid-sawn lumber buyer; makes products for use in home improvement and construction industries).

The average market capitalization across the Forest Products Industry is 2.57B. The market cap for tickers in the group ranges from 47.7K to 9.32B. SCABY holds the highest valuation in this group at 9.32B. The lowest valued company is AMHD at 47.7K.

The average weekly price growth across all stocks in the Forest Products Industry was 3%. For the same Industry, the average monthly price growth was 21%, and the average quarterly price growth was -3%. ICLTF experienced the highest price growth at 21%, while EVA experienced the biggest fall at -8%.

The average weekly volume growth across all stocks in the Forest Products Industry was 84%. For the same stocks of the Industry, the average monthly volume growth was 77% and the average quarterly volume growth was -30%