Japanese stock alert

JAP

End of Day Alert: Mitsubishi UFJ Financial decreases 0.8%, led Bank sector lower 20 October 2017 16:23 JST

NEWS BITES - JAPAN

Mitsubishi UFJ Financial, the largest bank by market capitalisation in the Japan's, has decreased 0.8% to trade at JPY727.80 vs. the Bank sector which weakened 70.9 points (or 0.7%) to 9,817.5. Representing a weighting of about 22.7% of the sector, the stock accounted for 25.8% of today's loss. Trading volume was 76% of average at the end of the day. Compared with the Nikkei 225 Index which rose 9.1 points (or 0.04%) in the day, this represented a relative price change of -0.9%.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Overvaluation:

+ Dividend yield of 2.5% [5.6%]

Note

Bullish Signals:

The positive 10.5 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

The 5.2% discount to 12-month high of JPY767.97 against the 51.7% premium to 12-month low of JPY479.72 suggests the stock continues to push for new highs.

The price increased 0.8% in the last week and climbed 4.2% in the last month.

The present value of JPY1,000 invested one year ago is JPY1,462 [vs JPY1,245 for the Nikkei 225 Index].

Net profit margin has averaged 15.9% in the last 3 years. This is considered superior and suggests a high margin of safety.

As per the Du Pont analysis, Return on Equity is less than stellar at 6.5%. Also, this has deteriorated from 7.3% last year.

Fundamental measures by comparison with the sector average [in brackets] indicate:

Undervaluation:

Price/Earnings of 9.2 [10.8]

Return on Equity 6.5% [5.6%]

RECENT ALERTS

End of Day Alert: Mitsubishi UFJ Financial increases 1.1%, led Bank sector higher

19 October 2017 16:22 JST

Mitsubishi UFJ Financial, the largest bank by market capitalisation in the Japan's, has increased 1.1% to trade at JPY733.80 vs. the Bank sector which strengthened 35.9 points (or 0.4%) to 9,888.5. Representing a weighting of about 22.7% of the sector, the stock accounted for 68.7% of today's gain. Trading volume was 85% of average at the end of the day. Compared with the Nikkei 225 Index which rose 85.5 points (or 0.4%) in the day, this represented a relative price increase of 0.7%.

CLOSING UPDATE: Mitsubishi UFJ Financial decreases further 0.2%, led Bank sector lower

18 October 2017 16:26 JST

Mitsubishi UFJ Financial, the largest bank by market capitalisation in the Japan's, has decreased 0.5% to trade at JPY725.90 vs. the Bank sector which weakened 35.1 points (or 0.3%) to 9,852.6. Representing a weighting of about 22.6% of the sector, the stock accounted for 33.6% of today's loss. Trading volume was 59% of average at the end of the day. Compared with the Nikkei 225 Index which rose 26.9 points (or 0.1%) in the day, this represented a relative price change of -0.7%.

Mitsubishi UFJ Financial Group Inc. (TO:8306; TYO:8306; T:8306; JP:8306)

ISIN: JP3902900004

Source: www.BuySellSignals.com