Market Analysis: Chubu Electric Power and Related Stocks
Current Market Trends and Stock Performance
As of 10:42 AM Central Europe on Wednesday, 5th February, Chubu Electric Power (9502.T) has experienced a decline of -1.08% in the past 24 hours, with its current stock price trading at approximately JPY 1,601 on popular exchanges. This decline is part of a broader trend, as the company has seen a -3.12% drop in value since the last month-end.
Market Capitalization and Trading Volume
Chubu Electric Power’s current market capitalization stands at JPY 1.2 trillion, with approximately JPY 3.7 billion worth of stocks traded on exchanges in the last 24 hours. This represents a significant market presence, with a current supply of 758 million stocks.
Comparison with Related Stocks
In contrast to Chubu Electric Power’s decline, other related stocks have shown varying degrees of performance in the past 24 hours:
- Ihi (7013.T): Traded up 1.33% to JPY 9,500, with a market capitalization of JPY 1.4 trillion and a price-to-earnings ratio of 12.52.
- Ana (9202.T): Traded down -1.27% to JPY 2,877.5, with a market capitalization of JPY 1.4 trillion and a price-to-earnings ratio of 10.08.
- Monotaro (3064.T): Traded up 2.33% to JPY 2,723.5, with a market capitalization of JPY 1.4 trillion and a price-to-earnings ratio of 55.28.
- Kajima (1812.T): Traded down -1.64% to JPY 2,723.5, with a market capitalization of JPY 1.5 trillion and a price-to-earnings ratio of 13.09.
- Aisin (7259.T): Traded down -2.98% to JPY 1,710, with a market capitalization of JPY 1.4 trillion and a price-to-earnings ratio of 48.
Historical Performance and Price Range
Chubu Electric Power’s highest price in the past 52 weeks was recorded at JPY 2,218.5 on 06/03/2024, while its 52-week low was at JPY 1,535 on 12/20/2024. The simple moving average of the last 200 days stands at JPY 1,788.21.
Company Overview
Chubu Electric Power Co Inc is a utility company based in Nagoya, Japan, generating, transmitting, distributing, and selling electricity, as well as supplying gas to customers in Japan.