Japan Tob (OTCMKTS:JAPAY) Shares Gap Down – Should You Sell?

Japan Tob (OTCMKTS:JAPAY) shares gapped down prior to trading on Wednesday . The stock had previously closed at $18.75, but opened at $17.95. Japan Tob shares last traded at $18.6180, with a volume of 1,727 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Barclays reaffirmed an “underweight” rating and set a $17.00 target price on shares of Japan Tob in a research note on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Japan Tob presently has an average rating of “Moderate Buy” and a consensus price target of $17.00.

Japan Tob Stock Down 0.2%

The company has a market capitalization of $65.80 billion, a PE ratio of 20.36 and a beta of 0.34. The company has a current ratio of 1.84, a quick ratio of 1.32 and a debt-to-equity ratio of 0.35. The business has a fifty day moving average of $17.74 and a 200 day moving average of $16.25.

About Japan Tob

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.