1844.T stock up 29.26% to JPY 667.00 in pre-market: watch volume surge
The top gainer in pre-market trading is 1844.T stock, which climbed +29.26% to JPY 667.00 on heavy volume as traders reacted to intraday positioning. The move follows a gap open at JPY 600.00 from yesterday’s close of JPY 516.00, with intraday range JPY 596.00–JPY 667.00. Volume of 1,553,600 shares is nearly three times the average of 551,310, signalling aggressive buying interest in this JPX-listed industrial name in Japan.
Price action and top gainer setup for 1844.T stock
Ohmori Co.,Ltd. (1844.T, JPX) led pre-market gains with a jump to JPY 667.00, up +151.00 from the previous close. The one-day percentage gain is +29.26%, and trading volume hit 1,553,600 shares, versus an average volume of 551,310. This volume spike confirms the stock’s top-gainer status in the Industrials sector.
News drivers and why 1844.T stock moved
There is no single public earnings release today, so the price jump appears driven by positioning and sector rotation into construction and waterworks names. Ohmori’s business mix includes upper and lower waterworks, apartment construction and photovoltaic equipment sales, which benefit from infrastructure and renewable flows in Japan. Market participants cited stronger sector momentum, where Industrials are up +0.69% in the last day, as a tailwind.
Fundamentals and valuation for 1844.T stock
Ohmori reports EPS JPY 27.24 and a PE around 20.81, slightly above the Industrials average PE of 18.32. The company shows a healthy current ratio of 4.46 and book value per share of JPY 312.78. Market cap stands near JPY 10,576,937,637.00, and dividend per share is JPY 11.50, equal to a dividend yield of ~2.03%. These metrics suggest fair valuation but higher leverage relative to sector norms with debt/equity at 0.90.
Technicals and trading signals for 1844.T stock
Momentum indicators show mixed signals: RSI is 50.59 and MACD histogram is positive at 11.15, supporting near-term continuation. Average 50-day price is JPY 548.26 and 200-day is JPY 542.70, so the current price is above key moving averages. Intraday volatility (ATR 31.61) and a relative volume surge (relVolume 1.62) mean traders should expect wide intraday swings.
Meyka grade, model forecast and price targets for 1844.T stock
Meyka AI rates 1844.T with a score out of 100: 70.99 (B+, BUY). This grade factors S&P 500 and sector comparisons, financial growth, key metrics, forecasts, analyst sentiment, and fundamentals. Meyka AI’s forecast model projects a quarterly price of JPY 696.68, a monthly of JPY 597.72, and a 5-year horizon near JPY 654.59. Short-term target: JPY 697.00 (implied upside +4.45% vs JPY 667.00). Forecasts are model-based projections and not guarantees.
Risks and catalysts affecting 1844.T stock
Key risks include order timing in construction, long inventory cycles (days of inventory 443.30) and sensitivity to municipal budgets. Catalysts that could sustain gains are clearer public works spending, stronger photovoltaic equipment sales, or positive FY earnings ahead of the next announcement on 2026-03-18. Watch widening bid-ask spreads during high volatility.
Final Thoughts
1844.T stock is trading as a clear pre-market top gainer after a +29.26% rise to JPY 667.00 on volume nearly 1,553,600 shares. Fundamentals show a modest premium to sector PE (Ohmori PE 20.81 vs Industrials 18.32) but solid liquidity and a current ratio of 4.46 support solvency. Meyka AI’s forecast model projects a near-term (quarterly) target of JPY 696.68, implying an upside of +4.45% from the present price. Our short-term technical view favours momentum continuation while acknowledging inventory and municipal-spend risk. Use tight risk controls: stop levels below JPY 596.00 (day low) and re-assess around JPY 700.00–720.00. Meyka AI provides this as an AI-powered market analysis platform; forecasts are model-based and not guarantees.
FAQs
Why did 1844.T stock spike in pre-market trading?
1844.T stock spiked due to a large volume surge (1,553,600 shares) and pre-market buying into industrial and infrastructure flows. No single earnings release was cited; sector rotation and renewed interest in waterworks and PV businesses likely triggered the move.
What are the valuation metrics for 1844.T stock?
Ohmori trades at PE 20.81 with EPS JPY 27.24, PB 1.81, and dividend yield roughly 2.03%. Current ratio is 4.46, debt/equity 0.90, indicating conservative liquidity but moderate leverage.
What price targets should investors watch for 1844.T stock?
Meyka AI’s near-term model target is JPY 696.68 (quarterly), implying about +4.45% upside from JPY 667.00. Key levels: day low JPY 596.00, short-term resistance near JPY 700.00 and tactical stop below JPY 596.00.
When is the next earnings announcement for 1844.T stock?
Ohmori’s next earnings announcement is scheduled for 2026-03-18. Investors should monitor that report for guidance on construction order trends and PV equipment sales, which can move the stock materially.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.