Japan Tobacco Inc. (OTCMKTS:JAPAY) Short Interest Up 42.7% in March

Japan Tobacco Inc. (OTCMKTS:JAPAY - Get Free Report) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 15,700 shares, a growth of 42.7% from the March 15th total of 11,000 shares. Based on an average trading volume of 71,600 shares, the short-interest ratio is presently 0.2 days. Currently, 0.0% of the company's shares are short sold.

Japan Tobacco Trading Up 1.2 %

Shares of OTCMKTS JAPAY traded up $0.18 during mid-day trading on Wednesday, reaching $15.17. The company had a trading volume of 28,015 shares, compared to its average volume of 144,563. The business's 50-day moving average is $13.42 and its 200-day moving average is $13.36. The company has a current ratio of 1.89, a quick ratio of 1.34 and a debt-to-equity ratio of 0.22. The stock has a market cap of $53.87 billion, a price-to-earnings ratio of 17.44 and a beta of 0.36. Japan Tobacco has a 52 week low of $11.91 and a 52 week high of $15.20.

Japan Tobacco (OTCMKTS:JAPAY - Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.04 EPS for the quarter. The firm had revenue of $4.97 billion for the quarter. Japan Tobacco had a net margin of 14.74% and a return on equity of 11.11%.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded shares of Japan Tobacco from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 24th.

About Japan Tobacco

Japan Tobacco Inc, a tobacco company, manufactures and sells tobacco products, pharmaceuticals, and processed foods in Japan and internationally. The company operates through three segments: Tobacco Business, Pharmaceutical, and Processed Food. It offers tobacco products, such as cigarettes, heat-not-burn tobacco products, E-vapor products, fine cut tobacco products, cigars, pipes, smokeless tobacco products, and hookah and kretek products.