Japan Tob (OTCMKTS:JAPAY) Short Interest Update

Japan Tob (OTCMKTS:JAPAYGet Free Report) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 276,860 shares, an increase of 199.1% from the May 31st total of 92,564 shares. Based on an average daily volume of 223,131 shares, the short-interest ratio is presently 1.2 days. Currently, 0.0% of the shares of the stock are sold short.

Japan Tob Price Performance

Shares of OTCMKTS JAPAY traded up $0.47 during midday trading on Friday, hitting $18.79. The stock had a trading volume of 73,815 shares, compared to its average volume of 93,495. The company has a quick ratio of 1.31, a current ratio of 1.88 and a debt-to-equity ratio of 0.38. The stock has a 50 day simple moving average of $18.91 and a 200-day simple moving average of $18.71. The company has a market capitalization of $66.72 billion, a PE ratio of 18.79 and a beta of 0.28. Japan Tob has a 1 year low of $14.02 and a 1 year high of $20.68.

Japan Tob (OTCMKTS:JAPAYGet Free Report) last posted its quarterly earnings data on Friday, May 8th. The company reported $0.35 EPS for the quarter, beating the consensus estimate of $0.30 by $0.05. The firm had revenue of $5.91 billion during the quarter, compared to analyst estimates of $5.69 billion. On average, sell-side analysts expect that Japan Tob will post 1.11 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Japan Tob from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of “Reduce” and an average price target of $17.00.

Check Out Our Latest Research Report on JAPAY

About Japan Tob

(Get Free Report)

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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