Japan Tobacco (OTCMKTS:JAPAY) Trading Down 1.2% - Should You Sell?

Japan Tobacco Inc. (OTCMKTS:JAPAY - Get Free Report) shares were down 1.2% during mid-day trading on Wednesday . The stock traded as low as $15.13 and last traded at $15.15. Approximately 15,968 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 114,041 shares. The stock had previously closed at $15.34.

Analysts Set New Price Targets

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 Price Performance

The firm has a market cap of $53.80 billion, a P/E ratio of 17.41 and a beta of 0.37. 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 business has a 50-day moving average of $14.90 and a two-hundred day moving average of $13.69.

Japan Tobacco (OTCMKTS:JAPAY - Get Free Report) last issued its quarterly earnings data 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.

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