Japan Tobacco (OTCMKTS:JAPAY) Releases Earnings Results

Japan Tobacco (OTCMKTS:JAPAY - Get Free Report) posted its quarterly earnings data on Wednesday, May 7th. The company reported $0.29 earnings per share for the quarter, Zacks reports. 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%.

Japan Tobacco Stock Performance

Shares of OTCMKTS:JAPAY traded down $0.21 during midday trading on Wednesday, hitting $15.08. The stock had a trading volume of 35,716 shares, compared to its average volume of 129,282. Japan Tobacco has a 1 year low of $11.91 and a 1 year high of $16.39. The company has a current ratio of 1.89, a quick ratio of 1.34 and a debt-to-equity ratio of 0.22. The stock has a 50 day moving average price of $14.29 and a two-hundred day moving average price of $13.50. The company has a market capitalization of $53.55 billion, a PE ratio of 17.33 and a beta of 0.37.

Analysts Set New Price Targets

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

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.