Japan's Daiseki jumps after co reports strong profit
06/04/2018 01:42
** Industrial waste disposal company Daiseki Co 9793.T
jumps as much as 4.9 pct to 3,190 yen, highest since Feb. 28
** Co reports 23.2 pct rise in operating profit to 8.777 bln
yen for FY ended Feb 2018 thanks to strong demand in its
mainstay businesses such as intermediate treatment of industrial
wastes and recycling business urn:newsml:reuters.com:*:nXB0Z315W0
** As of 00:35 GMT, about 59.90 thousand shares of the
Aichi-based company have been traded, about 67.6 percent of
their 30-day moving average of 88.67 thousand shares a day
** Among the 7 analysts that cover Daiseki Co Ltd, the
current average rating on the shares is "buy"; the breakdown of
recommendations is 5 "strong buy" or "buy", two "hold" and no
"sell" or "strong sell". The analyst mean price target is 3,598
yen
** The forward price-to-earnings ratio for Daiseki Co Ltd
is 20.46, about 7.46 percent lower than what it was at the end
of last year (22.11)
(Reuters
Messaging:ayai.tomisawa.thomsonreuters.com@reuters.net)