Japan Tob (OTCMKTS:JAPAY) Short Interest Down 83.2% in April

Japan Tob (OTCMKTS:JAPAY – Get Free Report) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 15,167 shares, a decrease of 83.2% from the April 15th total of 90,374 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 677,698 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered shares of Japan Tob from a “hold” rating to a “strong sell” rating in a report on Tuesday, April 14th. Two analysts have rated the stock with a Sell rating, Based on data from MarketBeat, Japan Tob presently has a consensus rating of “Sell” and a consensus price target of $17.00.

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Japan Tob Trading Down 2.1%

OTCMKTS JAPAY traded down $0.41 on Tuesday, hitting $19.20. 4,159 shares of the stock were exchanged, compared to its average volume of 190,525. The stock has a fifty day moving average price of $18.49 and a two-hundred day moving average price of $18.41. The firm has a market capitalization of $68.17 billion, a P/E ratio of 21.10 and a beta of 0.28. Japan Tob has a 52-week low of $14.02 and a 52-week high of $20.68. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.38 and a current ratio of 1.93.

Japan Tob (OTCMKTS:JAPAY – Get Free Report) last issued its earnings results on Friday, May 8th. The company reported $0.35 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.05. The firm had revenue of $5.91 billion during the quarter, compared to analysts’ expectations of $5.69 billion. Research analysts forecast that Japan Tob will post 1.08 EPS for the current fiscal year.

Japan Tob Company Profile

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Japan Tobacco Inc (OTC: JAPAY) is a Tokyo-based multinational company primarily engaged in the manufacture and sale of tobacco products. The company’s core activities include the development, production and distribution of cigarettes and other nicotine-delivery products for domestic and international markets. Japan Tobacco also pursues business activities beyond tobacco, including pharmaceutical and processed‑food operations through subsidiary units and strategic investments.

In its tobacco operations the company serves both the Japanese market and a broad international footprint through its global operating arm, Japan Tobacco International (JTI).

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