Zacks Investment Research Upgrades JAPAN TOB INC/ADR (OTCMKTS:JAPAY) to Hold

Zacks Investment Research upgraded shares of JAPAN TOB INC/ADR (OTCMKTS:JAPAY) from a sell rating to a hold rating in a research note published on Tuesday morning, Zacks.com reports.

According to Zacks, “Japan Tobacco Inc. manufactures, markets and sells cigarettes and other tobacco products. It also engaged in pharmaceutical and food businesses. Japan Tobacco Inc. is based in MINATO-KU TKY. “

Shares of OTCMKTS JAPAY opened at $11.08 on Tuesday. The company has a current ratio of 1.29, a quick ratio of 0.85 and a debt-to-equity ratio of 0.26. JAPAN TOB INC/ADR has a 12 month low of $10.12 and a 12 month high of $13.18. The firm has a market capitalization of $39.41 billion, a PE ratio of 10.89, a price-to-earnings-growth ratio of 2.25 and a beta of 0.37. The firm has a fifty day simple moving average of $10.79 and a two-hundred day simple moving average of $11.14.

JAPAN TOB INC/ADR Company Profile

Japan Tobacco, Inc engages in the manufacture and sale of tobacco, pharmaceutical and processed food products. It operates through the following segments: Japanese Domestic Tobacco, International Tobacco, Pharmaceutical, Processed Food, and Other. The Japanese Domestic segment deals with the production and sale of tobacco products in domestic areas.

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