Simply Wall St.374d agobullish
Does Recent Share Surge Signal a New Era for Nitto Boseki’s Valuation?If you are looking at Nitto Boseki right now, you are definitely not alone. Investors have started paying close attention to this longtime industrial name, and with good reason. The company's stock closed most recently at ¥7,230, and has been on quite a tear lately. Over the past week, shares jumped 7.4%, building on an impressive 21.9% gain in the last 30 days. The story gets even more interesting when you zoom out: Nitto Boseki has delivered a 25.9% return over the past year, surged 212% in...