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ASAHI INTECC CO.LTD. sees a downgrade to Slightly Negative on account of less fundamental stars

The independent financial analyst theScreener just lowered the general evaluation of ASAHI INTECC CO.LTD. (JP), active in the Medical Equipment industry. As regards its fundamental valuation, the title now shows 0 out of 4 stars while market behaviour can be considered moderately risky. theScreener believes that the title remains under pressure due to the loss of a star(s) and downgrades its general evaluation to Slightly Negative. As of the analysis date June 18, 2019, the closing price was JPY 5,090.00 and its target price was estimated at JPY 4,420.78.
Asahi Intecc

Asahi Intecc is mainly engaged in the development, manufacture, and sale of medical and industrial equipment. Along with its subsidiaries, Co. operates in two business segments: medical and devices. Co.'s principal products include PTCA guide wires, PTCA guiding catheters, PTCA dilation catheters, angiographic guide wire, angiographic catheters, micro catheters, IVR guide wire, and foreign object removal devices; and precision stainless steel wire rope, rope, coil, subcontract goods, terminal fitted item, and charge wire for the parts of medical and industrial area.


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