Japan Tobacco (OTCMKTS:JAPAY) Reaches New 1-Year High – Time to Buy?

Japan Tobacco Inc. (OTCMKTS:JAPAY) shares reached a new 52-week high on Thursday . The stock traded as high as $14.99 and last traded at $14.94, with a volume of 36899 shares traded. The stock had previously closed at $14.70.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded shares of Japan Tobacco from a “hold” rating to a “strong-buy” rating in a research report on Monday, March 24th.

Japan Tobacco Price Performance

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 market capitalization of $53.05 billion, a price-to-earnings ratio of 17.17 and a beta of 0.36. The stock has a fifty day moving average of $13.23 and a two-hundred day moving average of $13.36.

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. The business had revenue of $4.97 billion for the quarter. Japan Tobacco had a net margin of 14.74% and a return on equity of 11.11%.

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.