Japan Tobacco (OTCMKTS:JAPAY) Raised to Strong-Buy at The Goldman Sachs Group

Japan Tobacco (OTCMKTS:JAPAY - Get Free Report) was upgraded by The Goldman Sachs Group from a "hold" rating to a "strong-buy" rating in a research report issued on Monday, March 24th,Zacks.com reports.

Japan Tobacco Stock Up 0.8 %

JAPAY traded up $0.12 on Monday, reaching $13.85. The company's stock had a trading volume of 27,786 shares, compared to its average volume of 160,349. The company has a market capitalization of $49.18 billion, a price-to-earnings ratio of 15.92 and a beta of 0.44. Japan Tobacco has a fifty-two week low of $11.91 and a fifty-two week high of $14.99. The company has a quick ratio of 1.34, a current ratio of 1.89 and a debt-to-equity ratio of 0.22. The stock has a 50 day moving average of $12.86 and a two-hundred day moving average of $13.39.

Japan Tobacco (OTCMKTS:JAPAY - Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.04 earnings per share (EPS) for the quarter. The company 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%.

Japan Tobacco Company Profile

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.