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

Japan Tobacco Inc. (OTCMKTS:JAPAY - Get Free Report) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 41,400 shares, a growth of 61.7% from the April 30th total of 25,600 shares. Based on an average daily trading volume, of 87,500 shares, the short-interest ratio is currently 0.5 days. Approximately 0.0% of the company's shares are sold short.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded Japan Tobacco from a "hold" rating to a "strong-buy" rating in a report on Monday, March 24th.

Japan Tobacco Stock Performance

Japan Tobacco stock traded up $0.12 during trading on Monday, hitting $15.46. The stock had a trading volume of 17,169 shares, compared to its average volume of 115,859. 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 market cap of $54.88 billion, a price-to-earnings ratio of 17.76 and a beta of 0.37. Japan Tobacco has a 1 year low of $11.91 and a 1 year high of $16.39. The stock's 50 day moving average is $14.80 and its two-hundred day moving average is $13.66.

Japan Tobacco (OTCMKTS:JAPAY - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The company reported $0.29 earnings per share for the quarter. The business had revenue of $5.42 billion for the quarter. Japan Tobacco had a return on equity of 11.11% and a net margin of 14.74%.

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.