Machine Tools Market Trends, Demand and Business Opportunities 2032
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Stock Analysis
All figures shown in the chart above are for the trailing 12 month (TTM) period
Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Machinery industry in China.
Performance of the Chinese Machinery industry.
The company's shares are up 2.6% from a week ago.
Before we wrap up, we've discovered 3 warning signs for OKE Precision Cutting Tools (1 shouldn't be ignored!) that you should be aware of.
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Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Engages in the research, development, production, and sale of cemented carbide and CNC cutting tool products.
Chinese Machinery industry.3 warning signs for OKE Precision Cutting ToolsNew: Have feedback on this article? Concerned about the content?Get in touch with us directly.We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice.