Japan Tobacco (OTCMKTS:JAPAY) Share Price Crosses Below 50-Day Moving Average – What’s Next?

Japan Tobacco Inc. (OTCMKTS:JAPAYGet Free Report) crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $13.08 and traded as low as $12.76. Japan Tobacco shares last traded at $12.83, with a volume of 38,663 shares changing hands.

Japan Tobacco Stock Performance

The company has a quick ratio of 1.34, a current ratio of 1.89 and a debt-to-equity ratio of 0.22. The stock has a market cap of $45.56 billion, a P/E ratio of 14.10 and a beta of 0.45. The firm’s 50-day moving average is $13.08 and its two-hundred day moving average is $13.69.

About Japan Tobacco

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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.

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