Japan Tob (OTCMKTS:JAPAY) Shares Down 23.7% – Here’s Why

Japan Tob (OTCMKTS:JAPAY – Get Free Report)’s share price was down 23.7% during trading on Monday. The stock traded as low as $15.00 and last traded at $15.25. Approximately 9,918 shares were traded during mid-day trading, a decline of 92% from the average daily volume of 124,041 shares. The stock had previously closed at $20.00.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on JAPAY shares. Zacks Research raised shares of Japan Tob from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 29th. BTIG Research assumed coverage on shares of Japan Tob in a report on Wednesday, July 22nd. They set a “buy” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Japan Tob currently has an average rating of “Moderate Buy” and a consensus price target of $17.00.

Check Out Our Latest Research Report on Japan Tob

Japan Tob Trading Down 10.5%

The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.45 and a current ratio of 2.04. The company has a market cap of $53.97 billion, a price-to-earnings ratio of 11.09, a P/E/G ratio of 0.89 and a beta of 0.28. The company’s fifty day moving average is $22.29 and its two-hundred day moving average is $20.05.

Japan Tob (OTCMKTS:JAPAY – Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.35 by ($0.02). The business had revenue of $6.37 billion for the quarter, compared to analyst estimates of $6.45 billion. On average, research analysts anticipate that Japan Tob will post 1.16 EPS for the current year.

About Japan Tob

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