Japan Tob (OTCMKTS:JAPAY) Sees Large Decrease in Short Interest

Japan Tob (OTCMKTS:JAPAY) saw a large decrease in short interest during the month of February. As of February 13th, there was short interest totaling 42,431 shares, a decrease of 49.3% from the January 29th total of 83,618 shares. Based on an average trading volume of 324,123 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 324,123 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

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

Japan Tob Price Performance

Shares of JAPAY opened at $19.33 on Friday. The business has a 50-day moving average of $18.65 and a 200-day moving average of $17.56. 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 company has a market capitalization of $68.64 billion, a price-to-earnings ratio of 21.24 and a beta of 0.34. Japan Tob has a 1 year low of $12.20 and a 1 year high of $20.68.

Japan Tob Company Profile

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).