JAPAN POST BANK (OTCMKTS:JPPTY) Releases Quarterly Earnings Results

JAPAN POST BANK (OTCMKTS:JPPTY) issued its quarterly earnings data on Friday. The company reported $0.36 earnings per share for the quarter, Zacks reports.

JAPAN POST BANK Trading Down 1.3%

JPPTY traded down $0.25 during trading on Friday, reaching $19.40. 69,695 shares of the company’s stock were exchanged, compared to its average volume of 130,523. JAPAN POST BANK has a one year low of $9.46 and a one year high of $24.15. The firm has a fifty day moving average price of $20.33 and a two-hundred day moving average price of $19.21.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded JAPAN POST BANK from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

JAPAN POST BANK Company Profile

Japan Post Bank Co., Ltd. is a Japanese banking company that provides deposit, payment and asset-management services to individuals and businesses. Its offerings include savings and time deposits, domestic and international transfers, debit card services, and investment products such as investment trusts and government bonds. The bank serves customers throughout Japan through its own branches and ATMs, as well as through the broader Japan Post network. It also manages funds held in customer deposits, investing in domestic and international financial assets.