Japan Tob (OTCMKTS:JAPAY) Upgraded by Zacks Research to “Hold” Rating

Japan Tob (OTCMKTS:JAPAY) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

Japan Tob Stock Performance

Shares of JAPAY stock opened at $20.17 on Monday. The company has a current ratio of 1.93, a quick ratio of 1.38 and a debt-to-equity ratio of 0.39. The firm has a fifty day moving average price of $18.66 and a 200 day moving average price of $18.55. The company has a market cap of $71.62 billion, a P/E ratio of 20.17 and a beta of 0.28. Japan Tob has a 12 month low of $14.02 and a 12 month high of $20.68.

Japan Tob (OTCMKTS:JAPAY) last issued its earnings results on Friday, May 8th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.05. The firm had revenue of $5.91 billion for the quarter, compared to analyst estimates of $5.69 billion. Sell-side analysts predict that Japan Tob will post 1.08 earnings per share for the current fiscal year.

Japan Tob Company Profile

Japan Tobacco Inc (OTC: JAPAY) is a Tokyo-based multinational company primarily engaged in the manufacture and sale of tobacco products. The company’s core activities include the development, production and distribution of cigarettes and other nicotine-delivery products for domestic and international markets. Japan Tobacco also pursues business activities beyond tobacco, including pharmaceutical and processed‑food operations through subsidiary units and strategic investments.

In its tobacco operations the company serves both the Japanese market and a broad international footprint through its global operating arm, Japan Tobacco International (JTI).