Ito En Ltd.

ITO EN is engaged in the production and sale of tea-leave products and beverages. Along with its subsidiaries, Co. operates in three business segments: tea leaves and beverages, restaurant, and other. Co.'s products include Japanese tea including mugicha (barley tea) and sobacha (buckwheat tea), vegetable juice, black tea beverages, coffee, Chinese tea, fruit juice, mineral water, other beverages, tea leaves (including tea bags and instant tea products) and supplement. In addition, Co. is engaged in the operation and the franchise of coffee shops under the name of "Tully's Coffee," as well as the production and sales of supplement products in the U.S.
  • Ticker2593
  • ISINJP3143000002
  • SectorBeverages
  • CountryJapan

ITO EN LIMITED sees a downgrade to Neutral on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of ITO EN LIMITED (JP), active in the Soft Drinks industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered defensive. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Neutral. As of the analysis date July 3, 2020, the closing price was JPY 6,020.00 and its target price was estimated at JPY 5,159.87.

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Global Rally Losing Upside Momentum The global rally appears to be losing steam as the bearish rising wedge patterns we highlighted last week in the MSCI ACWI, ACWI ex-US, EM, and EAFE indexes ended up breaking down. Additionally, the aforementioned indexes and major indexes in Europe, Japan, and Hong Kong have been unable to break above longer-term resistance. While we believe global equities remain vulnerable to a pullback, some near-term consolidation is another possibility. For now we believe some consolidation makes sense as we remain in a sort of wait-and-see period as it relates to wha...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Weekly summary of Vermilion's global technical equity strategy calls, including sector weightings, from both a top down and bottoms up perspective.

Feasibility Study Results in December to be a Catalyst for this Junior

Feasibility Study Results in December to be a Catalyst for this Junior

Dave Nicoski ...
  • Ross LaDuke

Vermilion Int'l Compass: Global Equity Strategy

Testing 200-day MA support Generally speaking most major indexes are currently trading at the lower end of their May trading ranges. Barring improving headlines regarding tariffs & trade or comments from the Fed suggesting a potential rate cut on the horizon - both of which would result in a weaker U.S. dollar - we believe global markets are vulnerable to further weakness. With global markets in purgatory, we are watching for support at the all-important 200-day moving averages on the S&P 500, MSCI ACWI, ACWI ex-U.S., and EAFE indexes. Breakdowns below these support levels would be problemati...

Dave Nicoski ...
  • Ross LaDuke