Japan Tob (OTCMKTS:JAPAY) Reaches New 52-Week High – Should You Buy?

Japan Tob (OTCMKTS:JAPAY) shares reached a new 52-week high during trading on Thursday. The stock traded as high as $23.84 and last traded at $23.84, with a volume of 875 shares trading hands. The stock had previously closed at $23.09.

Analyst Ratings Changes

Separately, BTIG Research started coverage on shares of Japan Tob in a research note on Wednesday, July 22nd. They set a “buy” rating for the company. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $17.00.

Japan Tob Stock Performance

The stock’s 50-day moving average is $21.97 and its 200-day moving average is $20.15. The stock has a market cap of $84.27 billion, a price-to-earnings ratio of 17.32, a P/E/G ratio of 1.53 and a beta of 0.28. The company has a current ratio of 2.04, a quick ratio of 1.45 and a debt-to-equity ratio of 0.35.

Japan Tob (OTCMKTS:JAPAY) last posted its quarterly earnings results on Thursday, July 30th. The company reported $0.41 EPS for the quarter, beating the consensus estimate of $0.33 by $0.08. The business had revenue of $6.67 billion during the quarter, compared to analysts’ expectations of $6.15 billion. On average, analysts expect that Japan Tob will post 1.13 EPS for the current year.

Japan Tob Company Profile

Japan Tobacco Inc is a Japan-based company engaged primarily in the manufacture and sale of tobacco products. Its portfolio includes combustible cigarettes, heated tobacco products and other reduced-risk nicotine products marketed under brands such as Winston, MEVIUS, Camel and Ploom. The company serves consumers in Japan and international markets through its tobacco business.

In addition to tobacco, Japan Tobacco operates businesses in pharmaceuticals and processed foods. Its pharmaceutical activities focus on prescription medicines, while its food operations include products such as frozen foods, seasonings and processed food ingredients.