Japan Tobacco (OTCMKTS:JAPAY) Reaches New 12-Month High - Here's Why

Japan Tobacco Inc. (OTCMKTS:JAPAY - Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $15.60 and last traded at $15.56, with a volume of 25519 shares. The stock had previously closed at $15.48.

Analyst Upgrades and Downgrades

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

Japan Tobacco Stock Performance

The company has a market cap of $55.50 billion, a P/E ratio of 17.97 and a beta of 0.37. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.34 and a current ratio of 1.89. The business has a 50 day moving average price of $14.20 and a two-hundred day moving average price of $13.48.

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