Meiji Shipping Group Hits Day Low at JPY 657 Amid Price Pressure
Meiji Shipping Group Co., Ltd. saw a notable stock decline, contrasting with the rising Japan Nikkei 225. The company has faced challenges, including a significant drop in profits and a high debt-to-equity ratio, while its market capitalization categorizes it as a small-cap entity.
Meiji Shipping Group Co., Ltd. experienced a significant decline today, with the stock dropping by 10.7% and reaching an intraday low of JPY 657.00. This performance stands in stark contrast to the Japan Nikkei 225, which rose by 2.12% on the same day. Over the past week, Meiji Shipping has seen a decrease of 1.96%, while its monthly performance reflects a decline of 2.91%. In terms of annual performance, the stock has underperformed with a loss of 1.41%, compared to the Nikkei's impressive gain of 34.11%. The company's market capitalization is currently at JPY 25,956 million, categorizing it as a small-cap entity.
Financial metrics indicate a high debt-to-equity ratio of 1.95, suggesting a leveraged position. Despite a return on capital employed (ROCE) of 6.67%, the company has faced challenges, including a notable 45.1% drop in profits over the past year. While operating profit has shown a healthy growth rate of 15.13%, the stock's valuation remains elevated compared to its peers.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
