Japan Tob (OTCMKTS:JAPAY – Get Free Report) shares saw unusually-high trading volume on Friday. Approximately 440,980 shares were traded during mid-day trading, an increase of 256% from the previous session’s volume of 124,018 shares. The stock last traded at $23.95 and had previously closed at $23.60.
Analysts Set New Price Targets
Separately, BTIG Research started coverage on Japan Tob in a report on Wednesday, July 22nd. They issued a “buy” rating on the stock. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $17.00.
Check Out Our Latest Analysis on Japan Tob
Japan Tob Stock Performance
The stock has a fifty day simple moving average of $22.15 and a 200-day simple moving average of $20.35. The stock has a market cap of $85.15 billion, a P/E ratio of 17.50, a PEG ratio of 1.57 and a beta of 0.28. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.45 and a current ratio of 2.04.
Japan Tob (OTCMKTS:JAPAY – Get Free Report) last issued its 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 firm 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 1.13 earnings per share for the current year.
About Japan Tob
Japan Tobacco Inc is a Japan-based company engaged primarily in the manufacture and sale of tobacco products. Its portfolio includes cigarettes, heated tobacco products and other reduced-risk products, marketed under brands such as Winston, Camel, Mevius and LD in various markets.
The company also operates businesses in pharmaceutical products and processed foods. Its pharmaceutical operations focus on prescription medicines, while its food business provides products including frozen foods, seasonings and other processed food items.
Japan Tobacco traces its history to Japan’s former tobacco monopoly and was established in its current corporate form in 1985.
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