Japan Cash Machine slumps after co cuts profit forecast
14/03/2018 05:52
** Japan Cash Machine 6418.T falls 9.4 pct to one-month
low of 1,155 yen
** Money-handling machine maker cuts net profit outlook to
920 mln yen from 1.48 bln yen for FY ending March 2018
urn:newsml:reuters.com:*:nXB1NM4CUN
** Stock has outperformed the Tokyo SE TOPIX Machinery Stock
Price Index sector .IMCHN.T by 18.0 percentage points in the
past one month
** As of 05:48 GMT, about 772.20 thousand shares of the
Osaka-based company have been traded, about 280.0 percent of
their 30-day moving average of 275.80 thousand shares a day
** The forward price-to-earnings ratio is 31.96, about 10.21
percent higher than what it was at the end of last year (28.99)
(Reuters
Messaging:ayai.tomisawa.thomsonreuters.com@reuters.net)