The underlying tendency is to the upside for shares in Tokyo Ohka Kogyo Co., Ltd. and the timing is opportune to get back into the stock. A comeback of the upward dynamic can be anticipated. Investors have an opportunity to buy the stock and target the ¥ 5970.
The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
The company has solid fundamentals for a short-term investment strategy.
Thanks to a sound financial situation, the firm has significant leeway for investment.
Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
Over the last seven days, analysts have been revising upwards their EPS estimates for the company.
For several months, analysts have been revising their EPS estimates roughly upwards.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
Within the weekly time frame the stock shows a bullish technical configuration above the support level at 4280 JPY
Stock prices approach a strong long-term resistance in weekly data at JPY 5790.
Technically, the stock approaches a strong medium-term resistance at JPY 5970.
The company's earnings releases usually do not meet expectations.
The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.
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