Japan Tobacco Inc. (OTCMKTS:JAPAY - Get Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 11,000 shares, an increase of 1,471.4% from the February 28th total of 700 shares. Based on an average daily volume of 117,200 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company's stock are short sold.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group raised Japan Tobacco from a "hold" rating to a "strong-buy" rating in a research report on Monday, March 24th.
Check Out Our Latest Research Report on JAPAY
Japan Tobacco Stock Performance
Shares of OTCMKTS JAPAY traded up $0.12 during midday trading on Friday, reaching $13.85. 27,786 shares of the company were exchanged, compared to its average volume of 160,349. The stock has a fifty day simple moving average of $12.86 and a 200 day simple moving average of $13.40. 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 $49.18 billion, a P/E ratio of 15.92 and a beta of 0.44. Japan Tobacco has a 1 year low of $11.91 and a 1 year high of $14.99.
Japan Tobacco (OTCMKTS:JAPAY - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.04 EPS for the quarter. The company had revenue of $4.97 billion during the quarter. Japan Tobacco had a net margin of 14.74% and a return on equity of 11.11%.
Japan Tobacco Company Profile
(
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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.
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