Japan Tobacco Inc. (OTCMKTS:JAPAY) Short Interest Update

Japan Tobacco Inc. (OTCMKTS:JAPAY - Get Free Report) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 143,300 shares, an increase of 812.7% from the March 31st total of 15,700 shares. Approximately 0.0% of the company's stock are sold short. Based on an average daily volume of 189,300 shares, the short-interest ratio is currently 0.8 days.

Japan Tobacco Stock Down 0.3 %

JAPAY traded down $0.04 during midday trading on Friday, reaching $15.15. The company's stock had a trading volume of 31,195 shares, compared to its average volume of 141,323. Japan Tobacco has a 1 year low of $11.91 and a 1 year high of $15.58. The stock's 50-day moving average is $13.59 and its 200-day moving average is $13.39. The firm has a market capitalization of $53.80 billion, a price-to-earnings ratio of 17.41 and a beta of 0.36. The company has a current ratio of 1.89, a quick ratio of 1.34 and a debt-to-equity ratio of 0.22.

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

Analyst Ratings Changes

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.

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.

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