Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Avex Inc. ( (JP:7860) ) has provided an announcement.
Avex Inc. announced a strategic move to transfer shares of its subsidiary, Virtual Avex Inc. (V AI), to Keisuke Hara, a director of V AI, as part of a Management Buyout (MBO). This decision aligns with V AI’s goal to pursue a unique growth strategy and reflects Avex Inc.’s ongoing review of its business portfolio, potentially impacting its operations and market positioning.
The most recent analyst rating on (JP:7860) stock is a Hold with a Yen1343.00 price target. To see the full list of analyst forecasts on Avex Inc. stock, see the JP:7860 Stock Forecast page.
More about Avex Inc.
Avex Inc. operates in the virtual entertainment industry, focusing on the production and management of virtual intellectual properties (IPs). The company is involved in live production for other companies’ IPs and hosting proprietary events, aiming to maximize business in the expanding virtual entertainment market.
YTD Price Performance: -7.91%
Average Trading Volume: 126,414
Technical Sentiment Signal: Buy
Current Market Cap: Yen59.05B
Learn more about 7860 stock on TipRanks’ Stock Analysis page.