The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
The company has solid fundamentals for a short-term investment strategy.
The current area is a good opportunity for investors interested in buying the stock in a mid or long-term perspective. Indeed, the share is moving closer to its lower bound at JPY 1717 JPY in weekly data.
Graphically speaking, the timing seems perfect for purchasing the stock close to the JPY 1680 support.
Predictions on business development from analysts polled by Thomson-Reuters are tight. This results from either a good visibility into core activities or accurate earnings releases.
The company shows low valuation levels, with an enterprise value at 0.71 times its sales.
Its low valuation, with P/E ratio at 9.17 and 8.67 for the ongoing fiscal year and 2019 respectively, makes the stock pretty attractive with regard to earnings multiples.
This company will be of major interest to investors in search of a high dividend stock.
With relatively low growth outlooks, the group is not among those with the highest revenue growth potential.
Below the resistance at 1977 JPY, the stock shows a negative configuration when looking looking at the weekly chart.