Japan Tobacco (OTCMKTS:JAPAY) Upgraded at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Japan Tobacco (OTCMKTS:JAPAY) from a hold rating to a strong-buy rating in a report published on Monday morning,Zacks.com reports.

Japan Tobacco Price Performance

Japan Tobacco stock opened at $13.70 on Monday. The stock’s 50 day moving average is $12.81 and its 200 day moving average is $13.41. Japan Tobacco has a one year low of $11.91 and a one year high of $14.99. The firm has a market cap of $48.65 billion, a P/E ratio of 15.75 and a beta of 0.44. 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) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.04 earnings per share (EPS) 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 $4.97 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.