Japan Tob (OTCMKTS:JAPAY) Sees Strong Trading Volume - Here's What Happened

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 unusually-strong trading volume on Tuesday . Approximately 1,000,781 shares were traded 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 Performance

The company has a market capitalization of $55.58 billion, a PE ratio of 17.20 and a beta of 0.36. The company has a quick ratio of 1.25, a current ratio of 1.78 and a debt-to-equity ratio of 0.39. The company has a 50-day moving average price of $14.81 and a two-hundred day moving average price of $14.14.

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

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.

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