Japan Tob (OTCMKTS:JAPAY) Reaches New 12-Month High – Still a Buy?

Japan Tob (OTCMKTS:JAPAY)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $19.51 and last traded at $19.51, with a volume of 599 shares changing hands. The stock had previously closed at $18.45.

Analysts Set New Price Targets

Separately, Barclays restated an “underweight” rating and issued a $17.00 target price on shares of Japan Tob in a report on Tuesday, November 25th. One investment 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.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $17.00.

Japan Tob Trading Down 0.2%

The company has a debt-to-equity ratio of 0.35, a current ratio of 1.84 and a quick ratio of 1.32. The stock has a market capitalization of $66.62 billion, a P/E ratio of 20.62 and a beta of 0.34. The business’s 50 day simple moving average is $17.59 and its 200-day simple moving average is $16.19.

Japan Tob 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.