Japanese stock alert

JAP

CLOSING UPDATE: Central Japan Railway hits 52-week high eleventh time in one month 15 June 2018 16:35 JST

NEWS BITES - JAPAN

This is an end of day Alert, produced after today's Japan market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Central Japan Railway, the largest land transportation company by market capitalisation in Japan's, hit a 52-week high of JPY24,120.0 today for the 11th time in the past one month and last traded at JPY24,020.0. Trading volume was 1.6 times average at the end of the day. Compared with the Nikkei 225 Index which rose 113.1 points (or 0.5%) in the day, this represented a relative price increase of 0.9%.

Technical indicators complementing today's significant uptrend:

+ The positive 576.4 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ In the last one month the stock has hit a new 52-week high eleven times and in the last three months thirteen times, pointing to a significant uptrend.

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

Undervaluation:

+ Return on Equity 12.6% [10.2%]

+ Return on Assets 4.4% [3.6%]

+ Return on Capital Employed 7.7% [6.6%]

Other Bullish Signals include:

+ The company is cash rich with Cash to Market Capitalisation at 15.7%.

+ Interest cover is less leveraged at 8.1 times.

+ Tobin's Q Ratio is 0.6. Compared with the rest of the market the stock is undervalued.

+ The Brand Value represents 4.0% of the estimated Enterprise Value of JPY8,857.4 billion (US$80 billion).

+ As per the Du Pont analysis, Return on Equity of 12.6% is better than sector average of 10.2%.

Note

The stock has outperformed 79% of the Japan market over the past 6 months.

Overbought/Bearish:

The 0.4% discount to 12-month high of JPY24,120.0 against the 37.5% premium to 12-month low of JPY17,463.66 suggests the climb might be peaking.

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

Overvaluation:

Dividend yield of 0.3% [2.3%]

TODAY'S ALERTS

Afternoon Alert: Central Japan Railway hits 52-week high eleventh time in one month

15 June 2018 13:01 JST

Central Japan Railway Company (TO:9022) hit a 52-week high of JPY24,120.0 today for the 11th time in the past one month and last traded at JPY24,035.0. Trading volume was 1.1 times average so far today.

Morning Alert: Central Japan Railway hits 52-week high eleventh time in one month

15 June 2018 11:14 JST

Central Japan Railway Company (TO:9022) hit a 52-week high of JPY23,995.0 today for the 11th time in the past one month and last traded at JPY23,990.0. Trading volume was 94% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Central Japan Railway decreases 0.1%

14 June 2018 16:47 JST

Central Japan Railway, the largest land transportation company by market capitalisation in Japan's, traded on volume of 0.9 times average today while the price decreased JPY30.0 (or 0.1%) to trade at JPY23,695.0. Compared with the Nikkei 225 Index which fell 227.8 points (or 1%) in the day, this represented a relative price increase of 0.9%.

Morning Alert: Central Japan Railway increases 0.4% - outperforming 88% of stocks

14 June 2018 11:15 JST

Central Japan Railway Company (TO:9022) has increased JPY95.0 (or 0.4%) today to trade at JPY23,820.0 and has outperformed 88% of the market in the past month. A price rise combined with a high relative strength is a bullish signal.

Central Japan Railway Company (TO:9022; TYO:9022; T:9022; JP:9022)

ISIN: JP3566800003

Source: www.BuySellSignals.com