JAPAN POST BANK (OTCMKTS:JPPTY) Announces Earnings Results

JAPAN POST BANK (OTCMKTS:JPPTY) posted its quarterly earnings results on Friday. The company reported $0.36 earnings per share for the quarter, Zacks reports.

JAPAN POST BANK Trading Up 1.1%

Shares of JPPTY stock traded up $0.22 during trading hours on Friday, hitting $19.87. The company had a trading volume of 73,851 shares, compared to its average volume of 130,556. JAPAN POST BANK has a 12 month low of $9.46 and a 12 month high of $24.15. The firm’s fifty day moving average is $20.33 and its 200 day moving average is $19.21.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of JAPAN POST BANK from a “strong sell” rating to a “hold” rating in a research note on Monday, August 3rd. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

JAPAN POST BANK Company Profile

Japan Post Bank Co., Ltd. is a Japanese banking company that provides deposit, payment and asset-management services to individuals and businesses. Its offerings include savings and time deposits, domestic and international transfers, debit card services, and investment products such as investment trusts and government bonds. The bank serves customers throughout Japan through its own branches and ATMs, as well as through the broader Japan Post network. It also manages funds held in customer deposits, investing in domestic and international financial assets.