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Juki Corporation ( (JP:6440) ) has issued an update.
Juki Corporation has decided to transition its capital and business alliance with Pegasus Co., Ltd. to a business-only alliance, as determined in a recent board meeting. This decision involves selling 869,100 shares of Pegasus common stock, reflecting a strategic move to reduce cross-shareholdings while maintaining their business collaboration, which is expected to have a minor impact on Juki’s performance.
The most recent analyst rating on (JP:6440) stock is a Hold with a Yen434.00 price target. To see the full list of analyst forecasts on Juki Corporation stock, see the JP:6440 Stock Forecast page.
More about Juki Corporation
Juki Corporation operates in the industrial machinery sector, primarily focusing on the manufacture and sale of sewing machines and other industrial equipment. The company is positioned in the market to serve various industries with its advanced machinery solutions.
Average Trading Volume: 111,139
Technical Sentiment Signal: Hold
Current Market Cap: Yen12.71B
For a thorough assessment of 6440 stock, go to TipRanks’ Stock Analysis page.