Japan Tob (OTCMKTS:JAPAY) Sets New 1-Year High – Here’s Why

Japan Tob (OTCMKTS:JAPAY) hit a new 52-week high on Friday. The company traded as high as $22.85 and last traded at $22.5840, with a volume of 523 shares. The stock had previously closed at $22.16.

Analyst Ratings Changes

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

Japan Tob Trading Up 3.9%

The stock has a 50 day moving average of $21.88 and a 200 day moving average of $20.02. 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 firm has a market cap of $81.76 billion, a P/E ratio of 16.81, a PEG ratio of 1.46 and a beta of 0.28.

Japan Tob (OTCMKTS:JAPAY) last posted its quarterly earnings data on Thursday, July 30th. The company reported $0.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.33 by $0.08. The firm had revenue of $6.67 billion during the quarter, compared to analysts’ expectations of $6.15 billion. As a group, equities research analysts predict that Japan Tob will post 1.13 EPS for the current year.

Japan Tob Company Profile

Japan Tobacco Inc is a Japan-based company engaged primarily in the manufacture and sale of tobacco products. Its portfolio includes combustible cigarettes, heated tobacco products and other reduced-risk nicotine products marketed under brands such as Winston, MEVIUS, Camel and Ploom. The company serves consumers in Japan and international markets through its tobacco business.

In addition to tobacco, Japan Tobacco operates businesses in pharmaceuticals and processed foods. Its pharmaceutical activities focus on prescription medicines, while its food operations include products such as frozen foods, seasonings and processed food ingredients.