Japan Tob (OTCMKTS:JAPAY) Short Interest Update

Japan Tob (OTCMKTS:JAPAY) saw a significant decrease in short interest in the month of January. As of January 30th, there was short interest totaling 83,618 shares, a decrease of 83.7% from the January 15th total of 513,772 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 141,004 shares, the short-interest ratio is presently 0.6 days. Based on an average daily volume of 141,004 shares, the short-interest ratio is presently 0.6 days. Approximately 0.0% of the shares of the company are sold short.

Japan Tob Price Performance

Shares of Japan Tob stock traded up $0.14 during trading on Thursday, reaching $19.99. 54,977 shares of the stock traded hands, compared to its average volume of 133,700. Japan Tob has a 52-week low of $11.91 and a 52-week high of $20.68. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.95 and a quick ratio of 1.36. The business has a fifty day simple moving average of $18.46 and a two-hundred day simple moving average of $17.26. The company has a market capitalization of $70.99 billion, a price-to-earnings ratio of 21.97 and a beta of 0.34.

Wall Street Analyst Weigh In

A number of brokerages have commented on JAPAY. Barclays reaffirmed an “underweight” rating and issued a $17.00 price objective on shares of Japan Tob in a research note on Tuesday, November 25th. Zacks Research cut shares of Japan Tob from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Japan Tob has a consensus rating of “Hold” and an average target price of $17.00.

About Japan Tob

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).