Japan Tob (OTCMKTS:JAPAY) Stock Jumps 14.7% – Should You Buy?

Japan Tob (OTCMKTS:JAPAY)’s share price traded up 14.7% on Wednesday. The company traded as high as $17.75 and last traded at $17.4440. Approximately 22,078 shares changed hands during mid-day trading, a decline of 83% from the average daily volume of 127,859 shares. The stock had previously closed at $15.21.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on JAPAY shares. Zacks Research upgraded Japan Tob from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 29th. BTIG Research began coverage on Japan Tob in a research report on Wednesday, July 22nd. They issued a “buy” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $17.00.

Japan Tob Trading Down 0.5%

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 firm has a fifty day moving average price of $22.08 and a 200-day moving average price of $20.03. The company has a market capitalization of $61.75 billion, a price-to-earnings ratio of 12.33, a price-to-earnings-growth ratio of 0.79 and a beta of 0.28.

Japan Tob (OTCMKTS:JAPAY) 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 firm had revenue of $6.37 billion for the quarter, compared to the consensus estimate of $6.45 billion. As a group, equities analysts anticipate that Japan Tob will post 1.16 EPS for the current year.

Japan Tob Company Profile

Japan Tobacco Inc. is a Japanese company whose principal business is the manufacture and sale of tobacco products. Its portfolio includes cigarette brands such as Winston and Mevius, and the company also offers reduced-risk products and other tobacco-related products. Through its international operations, the company sells tobacco products in markets around the world. Japan Tobacco traces its origins to Japan’s government tobacco monopoly, established in 1898, and became a public company in 1985.