Japan Tob (OTCMKTS:JAPAY) Stock Rating Upgraded by Zacks Research

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

Japan Tob Trading Up 0.9%

Japan Tob stock opened at $20.17 on Monday. The stock has a market cap of $71.62 billion, a PE ratio of 20.17 and a beta of 0.28. The stock has a 50-day moving average price of $18.66 and a 200 day moving average price of $18.55. Japan Tob has a 52 week low of $14.02 and a 52 week high of $20.68. The company has a current ratio of 1.93, a quick ratio of 1.38 and a debt-to-equity ratio of 0.39.

Japan Tob (OTCMKTS:JAPAY) last posted its quarterly earnings data on Friday, May 8th. The company reported $0.35 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.05. The company had revenue of $5.91 billion for the quarter, compared to analysts’ expectations of $5.69 billion. Equities research 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).