Japan Tobacco Inc. (OTCMKTS:JAPAY) Short Interest Update

Japan Tobacco Inc. (OTCMKTS:JAPAY) was the recipient of a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 11,000 shares, a growth of 1,471.4% from the February 28th total of 700 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 117,200 shares, the days-to-cover ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded shares of Japan Tobacco from a “hold” rating to a “strong-buy” rating in a research note on Monday.

Japan Tobacco Price Performance

Shares of JAPAY stock opened at $13.73 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.89 and a quick ratio of 1.34. The stock’s fifty day simple moving average is $12.83 and its 200 day simple moving average is $13.41. Japan Tobacco has a one year low of $11.91 and a one year high of $14.99. The firm has a market cap of $48.77 billion, a price-to-earnings ratio of 15.79 and a beta of 0.44.

Japan Tobacco (OTCMKTS:JAPAY) last announced its earnings results on Thursday, February 13th. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $4.97 billion during the quarter. Japan Tobacco had a net margin of 14.74% and a return on equity of 11.11%.

Japan Tobacco 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.