Japan Tobacco (OTCMKTS:JAPAY) Hits New 12-Month High - Still a Buy?

Japan Tobacco Inc. (OTCMKTS:JAPAY - Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as $15.20 and last traded at $15.17, with a volume of 28015 shares changing hands. The stock had previously closed at $14.99.

Wall Street Analysts Forecast Growth

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

Japan Tobacco Stock Performance

The company's 50-day moving average price is $13.59 and its two-hundred day moving average price is $13.37. The company 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 debt-to-equity ratio of 0.22, a current ratio of 1.89 and a quick ratio of 1.34.

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

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.