Japan Tob (OTCMKTS:JAPAY) Stock Short Interest Rises 87.7%

Japan Tob (OTCMKTS:JAPAY) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 98,198 shares, an increase of 87.7% from the September 15th total of 52,326 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 92,035 shares, the days-to-cover ratio is currently 1.1 days.

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 investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $17.00.

Japan Tob Trading Up 0.2%

JAPAY opened at $23.14 on Thursday. The stock has a market cap of $82.16 billion, a price-to-earnings ratio of 16.89, a P/E/G ratio of 1.53 and a beta of 0.28. The stock’s 50 day moving average price is $21.97 and its 200-day moving average price is $20.15. Japan Tob has a one year low of $15.74 and a one year high of $23.36. The company has a debt-to-equity ratio of 0.35, a quick ratio of 1.45 and a current ratio of 2.04.

Japan Tob (OTCMKTS:JAPAY) last issued its quarterly earnings results on Thursday, July 30th. The company reported $0.41 earnings per share for the quarter, topping 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, equities analysts forecast that Japan Tob will post 1.13 EPS for the current year.

About Japan Tob

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.