Japan Tob (OTCMKTS:JAPAY) Sees Strong Trading Volume - Time to Buy?

Key Points

• Japan Tob experienced a dramatic increase in trading volume, with approximately 1,000,781 shares traded, marking a 971% rise from the previous session.
• The company reported earnings of $0.32 per share, exceeding analysts' expectations of $0.25, with quarterly revenue of $6.03 billion.
• Japan Tob has a market capitalization of $55.58 billion and operates in three segments: Tobacco, Pharmaceuticals, and Processed Foods.

Japan Tob (OTCMKTS:JAPAY - Get Free Report) saw an uptick in trading volume on Tuesday . 1,000,781 shares traded hands during mid-day trading, an increase of 971% from the previous session's volume of 93,421 shares.The stock last traded at $15.54 and had previously closed at $15.54.

Japan Tob Stock Up 0.7%

The firm has a 50-day simple moving average of $14.86 and a 200 day simple moving average of $14.22. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.78 and a quick ratio of 1.25. The company has a market capitalization of $57.64 billion, a PE ratio of 17.84 and a beta of 0.36.

Japan Tob (OTCMKTS:JAPAY - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.25 by $0.07. Japan Tob had a return on equity of 12.21% and a net margin of 14.55%. The business had revenue of $6.03 billion for the quarter, compared to analyst estimates of $896.47 billion.

About Japan Tob

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.