Ibiden Co.,Ltd. shares are closing in on important technical levels. The technical chart pattern suggests that the currently tested resistance will be broken and new upside potential arises while volatility is likely to increase. Investors could get ahead of this signal in order to benefit from a better risk/reward ratio.
Summary
● 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.
Strengths
● The company is in a robust financial situation considering its net cash and margin position.
● Historically, the company has been releasing figures that are above expectations.
● 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 past year, analysts have regularly revised upwards their sales forecast for the company.
● For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
● For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
● Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
● The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
● The tendency within the weekly time frame is positive above the technical support level at 3890 JPY
Weaknesses
● The stock is currently in contact with a medium-term resistance that must be gotten rid of so as to resume the upward trend.
● The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.
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IBIDEN CO., LTD. is primarily engaged in the manufacture of electronic and ceramic products. It operates in two business segments. The Electronics segment is engaged in the manufacture and sale of printed circuit boards (PCBs) and package substrates, as well as the design of PCB patterns. The Ceramics segment offers environment related ceramic products, special carbon products, fine ceramic products and ceramic fibers. The others business engages in provision of housing equipment and melamine decorative laminated sheets, design and construction of slopes, garden landscape and various facilities, synthetic plastic processing, agricultural seafood processing, information service business, automobile transportation, oil marketing, business support, investment, financing, and land ownership and management business.
IBIDEN CO.,LTD. 
