Japan Tob (OTCMKTS:JAPAY – Get Free Report) issued its quarterly earnings data on Thursday. The company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.35 by ($0.02), Zacks reports.
Japan Tob Trading Down 1.6%
Japan Tob stock traded down $0.37 during trading on Thursday, reaching $22.76. 40,882 shares of the company were exchanged, compared to its average volume of 124,834. 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 stock’s 50 day simple moving average is $22.28 and its two-hundred day simple moving average is $19.93. The company has a market capitalization of $80.80 billion, a P/E ratio of 16.61, a PEG ratio of 1.59 and a beta of 0.28. Japan Tob has a 52-week low of $16.74 and a 52-week high of $24.54.
Analyst Upgrades and Downgrades
Separately, BTIG Research assumed coverage on Japan Tob in a report on Wednesday, July 22nd. They issued a “buy” rating for the company. One research analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $17.00.
View Our Latest Research Report on JAPAY
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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