Japan Tobacco Inc. (OTCMKTS:JAPAF – Get Free Report)’s stock price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $37.21 and traded as low as $37.09. Japan Tobacco shares last traded at $37.09, with a volume of 125 shares trading hands.
Japan Tobacco Stock Performance
The firm has a 50 day simple moving average of $37.21 and a two-hundred day simple moving average of $34.47.
Japan Tobacco Company Profile
Japan Tobacco Inc is one of the world’s largest tobacco companies, headquartered in Tokyo, Japan, with American Depositary Receipts trading over the counter under the symbol JAPAF. The company’s core business centers on the manufacture, marketing and sale of tobacco products, which include cigarettes, cigars and smokeless tobacco. In recent years, Japan Tobacco has expanded its portfolio to include electronic nicotine delivery systems and heat-not-burn devices as part of its strategy to offer reduced-risk alternatives to traditional smoking.
Among its leading brands are Mevius (formerly Mild Seven), Winston and licensed varieties of Camel, alongside a range of imported premium offerings such as Natural American Spirit.
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