OXIDE Corp. Projects Recovery Despite First-Half Losses
OXIDE Corp. reported losses in the first half of the fiscal year due to challenges at its subsidiary, Raicol, amid geopolitical issues. Despite this, the company is optimistic about a recovery in the second half, anticipating improvements in R&D subsidies, manufacturing costs, and revenue. The latest analyst rating for OXIDE Corp. (JP:6521) is a Hold with a price target of Yen1785.00. The current market cap is Yen20.87B, with an average trading volume of 115,021.
An update from OXIDE Corp. ( (JP:6521) ) is now available.
OXIDE Corporation reported a disappointing financial performance for the first half of the fiscal year, primarily due to challenges faced by its subsidiary, Raicol, amidst geopolitical conflicts. However, the company remains optimistic about a recovery in the second half, citing expected improvements in R&D subsidy timing, manufacturing costs, and revenue recovery, which could lead to a balanced operating profit.
The most recent analyst rating on (JP:6521) stock is a Hold with a Yen1785.00 price target. To see the full list of analyst forecasts on OXIDE Corp. stock, see the JP:6521 Stock Forecast page.
More about OXIDE Corp.
OXIDE Corporation operates in the semiconductor and frontier technology sectors, focusing on innovative projects that drive growth within these industries.
Average Trading Volume: 115,021
Technical Sentiment Signal: Sell
Current Market Cap: Yen20.87B
For a thorough assessment of 6521 stock, go to TipRanks’ Stock Analysis page.
