Report
EUR 12.76 For Business Accounts Only

MARUICHI STEEL TUBE reduced its risk exposure resulting in an upgrade to Slightly Positive

MARUICHI STEEL TUBE (JP), a company active in the Steel industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 3 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date January 25, 2022, the closing price was JPY 2,561.00 and its potential was estimated at JPY 2,879.80.
Underlying
Maruichi Steel Tube Ltd.

Maruichi Steel Tube is mainly engaged in the manufacture and sale of steel tubes. Co.'s principal products are ERW general structural and building structural tubes (box columns, steel pipe piles, tubes for steel towers and agricultural steel tubes), ERW mechanical tube (for automobiles, motorcycles, bicycles, medical care equipment, fitness machines, office automation devices, and office and educational furniture), ERW pipe piling, ERW gas/water pipe, ERW OCTG and line pipes, ERW electrical conduits, arc welded tapered pole (such as steel lighting poles, road traffic poles, and traffic light poles) and other fabricated products.

Provider
TheScreener
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