TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An update from Nippon Electric Glass Co ( (JP:5214) ) is now available.
Nippon Electric Glass Co., Ltd. has announced a strategic review of its composites business at Electric Glass Fiber UK, Ltd. due to challenging market conditions, including high costs and sluggish sales. The review will explore options such as selling the business or forming partnerships, with the possibility of ceasing operations if no viable solutions are found, impacting stakeholders and potentially altering the company’s market positioning.
More about Nippon Electric Glass Co
Nippon Electric Glass Co., Ltd. operates in the glass manufacturing industry, specializing in the production and sales of glass fiber for functional plastics reinforcement. The company is listed on the Prime Market of the Tokyo Stock Exchange and is a major shareholder in Electric Glass Fiber UK, Ltd.
YTD Price Performance: 8.97%
Average Trading Volume: 733
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.91B
See more insights into 5214 stock on TipRanks’ Stock Analysis page.