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Japan Tobacco Inc. (OTCMKTS:JAPAY) Sees Large Drop in Short Interest

kopsource ·  Sep 18, 2022 18:11

Japan Tobacco Inc. (OTCMKTS:JAPAY – Get Rating) saw a significant decline in short interest in August. As of August 31st, there was short interest totalling 12,900 shares, a decline of 22.3% from the August 15th total of 16,600 shares. Based on an average daily volume of 144,700 shares, the days-to-cover ratio is currently 0.1 days.

Japan Tobacco Price Performance

Shares of OTCMKTS JAPAY traded down $0.02 during midday trading on Friday, hitting $8.15. 109,053 shares of the company's stock were exchanged, compared to its average volume of 107,657. Japan Tobacco has a 12-month low of $8.09 and a 12-month high of $10.63. The company has a current ratio of 1.55, a quick ratio of 1.17 and a debt-to-equity ratio of 0.27. The company has a market cap of $28.92 billion, a price-to-earnings ratio of 9.16 and a beta of 0.38. The business's fifty day moving average price is $8.52 and its two-hundred day moving average price is $8.64.

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Japan Tobacco (OTCMKTS:JAPAY – Get Rating) last issued its earnings results on Friday, July 29th. The company reported $0.30 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.30. The business had revenue of $5.29 billion during the quarter, compared to analyst estimates of $6.07 billion. Japan Tobacco had a return on equity of 12.14% and a net margin of 15.23%. As a group, research analysts forecast that Japan Tobacco will post 0.81 EPS for the current fiscal year.

Japan Tobacco Company Profile

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Japan Tobacco Inc, a tobacco company, manufactures and sells tobacco products, prescription drugs, and processed foods in Japan and internationally. The company operates through four segments: Domestic Tobacco, International Tobacco, Pharmaceutical, and Processed Food. It offers tobacco products, such as cigarettes, cigars, pipe tobacco, oral tobacco, waterpipe tobacco, kretek, and fine cut products under the Winston, Camel, MEVIUS, and LD brands.

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