NEWS BITES ASIAN MARKETS
Toppan Printing Co., Ltd. (TO:7911), the 2nd largest other products company by market capitalisation in the Tokyo Stock Exchange, rose JPY4.0 (or 0.6%) to close at JPY627.0. Compared with the Nikkei 225 Index, which rose 248.8 points (or 2.1%) on the day, this was a relative price change of -1.5%. The volume was 0.5 times the average trading of 2.6 million shares. The stock rose for a second day on Wednesday bringing its two-day rise to JPY5.0 or 0.8%.
RELATIVE VALUATION INDICATORS [RVI] FUNDAMENTALS
Bearish Signals:
Performance
- Return on Equity of 0.4% versus sector average of 0.8% and market average of 4.5%.
- Return on Assets of 0.2% versus sector average of 0.5% and market average of 1.4%.
Description | Value | Rank In Market |
Return on Assets [ROA] % | 0.2 | In Bottom 3% |
Net Profit Margin % | 0.2 | In Bottom 1% |
Return on Equity [ROE] % | 0.4 | In Bottom 1% |
RELATIVE VALUATION INDICATORS [RVI] TECHNICALS
- Compared with the Nikkei 225 Index which rose 4.1% for the month, this represented a relative price increase of 6.1% for the month.
- In the Tokyo market of 2,102 stocks traded today, the stock has a 6-month relative price strength of 67 (it has outperformed 67% of the market).
Beta: The Beta of this stock is 1.2. A Beta greater than 1 suggests this is a high risk, high return stock with volatility greater than that of the market.
Volume: there were 1,188,000 shares worth JPY744.9 million (US$8 million) traded.
% Discount to high: it is at a discount of 6.6% to the 12-month high of JPY671.0 (traded on 28 Mar, 2012).
- The present value of JPY1,000 (PV1000) invested one year ago is JPY997 [vs JPY1,238 for the Nikkei 225 Index], for a capital loss of JPY3. The total return to shareholders for 1 year is -0.3%.
PV1000 | 1-week | 1-month | 1-year |
7911.TO | JPY1,026 | JPY1,102 | JPY997 |
Overbought/Bearish/Resistance Signals
- The Relative Strength Index (RSI) of 73.2 has penetrated the overbought line of 70, suggesting the price gain in the last 14 days is unusually high.
- The stock is overbought according to the Williams % R indicator of -13.5, suggesting the price is close to its 14-day high.
Description | Value | Rank In Market |
MCap | US$4.7 billion | In Top 8% |
Volatility % | 1.1 | In Top Quartile |
RSI | 73.2 | Bearish |
Williams %R | -13.5 | Bearish |
UPTREND
- Rises to Falls: In the past month the number of rises outnumbered falls 12:6 or 2:1.
- The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 615.23 minus the 26-day EMA of 598.2 is positive 17.03 suggesting a bullish signal. Both EMA prices are rising, another bullish signal.
COMPANY ANNOUNCEMENTS
The last 7 company announcements are:
February 25: Toppan Printing : Consolidated Financial Results for the Nine Months Ended December 31, 2012 [Japanese GAAP]
[Company Release] http://www.buysellsignals.net/BuySellSignals/report/Japan/Stock/News/14445.pdf Source: Company Website
