tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Open House Group Signals Openness to Further Lowering Share Investment Unit

Story Highlights
  • Open House Group views smaller share investment units as key to broadening investor participation.
  • The company will consider further reducing its investment unit based on market trends, share price, and supply-demand conditions for its stock.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Open House Group Signals Openness to Further Lowering Share Investment Unit

Claim 70% Off TipRanks Premium

The latest announcement is out from Open House Co ( (JP:3288) ).

Open House Group Co., Ltd. has announced its stance on lowering the minimum investment unit for its shares, stating that it views a smaller trading lot as important for encouraging broader investor participation in the stock market. The company, which has already implemented 2-for-1 stock splits in 2015 and 2019, said it will continue to consider further reductions in the investment unit, taking into account market conditions, its share price level, and supply-demand dynamics for its stock, signaling an ongoing focus on improving share affordability and liquidity for existing and potential shareholders.

The most recent analyst rating on (JP:3288) stock is a Buy with a Yen10059.00 price target. To see the full list of analyst forecasts on Open House Co stock, see the JP:3288 Stock Forecast page.

More about Open House Co

Open House Group Co., Ltd. is a Japan-based company listed on the Prime Market of the Tokyo Stock Exchange under securities code 3288. Operating in the real estate and housing-related sector, it offers property-focused products and services to individual and institutional investors, with its shares actively traded on Japan’s main equity market since its listing in 2013.

Average Trading Volume: 220,629

Technical Sentiment Signal: Buy

Current Market Cap: Yen1068.5B

For an in-depth examination of 3288 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1