With a more favourable environment, NIPPON ELEC.GLASS improves to Positive
NIPPON ELEC.GLASS (JP), a company active in the Electrical Components & Equipment industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date March 4, 2022, the closing price was JPY 2,616.00 and its potential was estimated at JPY 3,212.49.Nippon Electric Glass is a glass manufacturing group based in Japan. Co. is engaged in the manufacture and sale of specialty glass products and glass making machinery. Co.'s operations are organized along two business divisions: the Electronics and Information Technology division (glass for flat panel displays, "Dinorex" specialty glass for chemical strengthening, glass for optical devices, glass for electronic devices and solar cells, SS-1); and the Performance Materials and Others division (glass fibers, glass blocks, heat-resistant products, medical care products and others). In addition, Co. is provides transportation services, as well as the manufacture and sale of refractory products.
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