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Nireco Corporation is currently in a long term uptrend where the price is trading 5.3% above its 200 day moving average.
From a valuation standpoint, the stock is 72.8% cheaper than other stocks from the Technology sector with a price to sales ratio of 0.9.
Nireco Corporation's total revenue rose by 9.1% to $2B since the same quarter in the previous year.
Its net income has dropped by 68.3% to $48M since the same quarter in the previous year.
Based on the above factors, Nireco Corporation gets an overall score of 3/5.
| Exchange | TSE |
|---|---|
| ISIN | JP3756400002 |
| Sector | Technology |
| Industry | Scientific & Technical Instruments |
| CurrencyCode | JPY |
| PE Ratio | 10.02 |
|---|---|
| Target Price | None |
| Beta | 0.3 |
| Market Cap | 12B |
| Dividend Yield | 5.1% |
Nireco Corporation provides process control, Web control, and inspection systems in Japan. The company offers control and measuring systems, including electro-hydraulic actuators, eddy current level meters, edge position control systems, and automatic marking systems for steel and non-ferrous metal production lines. It also provides Web control products, which include edge position control systems, tension control systems, automatic register control systems, printing quality inspection systems, and gluing control systems. In addition, the company offers inspection systems, such as defect inspection systems for plain surfaces, pouch packaging inspection systems, analyzers, and fruit and vegetable quality analysis systems, as well as fish selectors. Further, it provides laser devices and optical components. The company was formerly known as Nippon Regulator Co., Ltd. and changed its name to Nireco Corporation in November 1984. Nireco Corporation was founded in 1931 and is headquartered in Hachioji, Japan.
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