Japan Tob (OTCMKTS:JAPAY) Shares Gap Up – Time to Buy?

Japan Tob (OTCMKTS:JAPAY – Get Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $21.82, but opened at $22.49. Japan Tob shares last traded at $22.0350, with a volume of 1,585 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, BTIG Research began coverage on Japan Tob in a report on Wednesday, July 22nd. They issued a “buy” rating for the company. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $17.00.

Get Japan Tob alerts:

View Our Latest Research Report on JAPAY

Japan Tob Stock Performance

The company has a debt-to-equity ratio of 0.35, a current ratio of 2.04 and a quick ratio of 1.45. The company has a fifty day moving average price of $21.40 and a 200 day moving average price of $19.70. The stock has a market cap of $77.35 billion, a P/E ratio of 15.90, a P/E/G ratio of 1.47 and a beta of 0.27.

Japan Tob (OTCMKTS:JAPAY – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.08. The business had revenue of $6.67 billion during the quarter, compared to analyst estimates of $6.15 billion. On average, equities analysts expect that Japan Tob will post 1.12 EPS for the current year.

About Japan Tob

(Get Free Report)

Japan Tobacco Inc is a Japan-based company primarily engaged in the manufacture and sale of tobacco products. Its portfolio includes combustible cigarettes, cigars and roll-your-own tobacco, as well as reduced-risk products such as heated tobacco products marketed under the Ploom brand. The company sells products in Japan and through an international tobacco business serving markets across Europe, the Middle East, Africa, Asia and other regions.

Japan Tobacco’s brand portfolio has included internationally recognized names such as Winston, Camel, Mevius and LD, although product availability varies by market.

Featured Articles

• Five stocks we like better than Japan Tob
• Full Throttle: Kratos and GE Fire Up a Next-Gen Defense Engine
• Sandisk Joins the S&P 100—Is the Index Flow, or the AI Story, Driving the Stock?
• These 4 Companies Are Monetizing AI Today
• Quantum and Rare Earths? Implications of the Pasqal/USAR Partnership

Receive News & Ratings for Japan Tob Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Japan Tob and related companies with MarketBeat.com's FREE daily email newsletter.