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Shin Nippon Air Tech Ranks Third in Rising Buy Predictions Among Individual Investors
According to the "Individual Investor Predictions (Latest 48 Hours)" aggregated by Minkabu as of 10:00 a.m. on the 2nd, Shin Nippon Air Technologies Co., Ltd. <1952> ranked third in "Rising Buy Predictions."
In the Tokyo market on the 2nd, Shin Nippon Air Tech continued to rise. Although the stock hit a recent low of \3,210 on March 30th, price levels below the 75-day moving average appear to attract bargain hunters. The company is also drawing attention as a space development-related stock following reports of the successful launch of NASA's Artemis II crewed lunar mission spacecraft.
On March 12th, the company announced that it had been selected as a collaborating institution, alongside Japan Airlines Co., Ltd. <9201> and Mitsubishi Heavy Industries,Ltd. <7011>, under a consortium led by Iwaya Giken (Ebetsu City, Hokkaido) for the Space Strategy Fund Project (Phase 2) technology development theme "Fundamental Technologies for Ensuring Safety in Crewed Space Transportation Systems," publicly solicited by the Japan Aerospace Exploration Agency (JAXA).
Source: MINKABU PRESS
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