Japan Tobacco (OTCMKTS:JAPAY) Upgraded by The Goldman Sachs Group to “Strong-Buy” Rating

Japan Tobacco (OTCMKTS:JAPAY) was upgraded by equities research analysts at The Goldman Sachs Group from a “hold” rating to a “strong-buy” rating in a research note issued on Monday,Zacks.com reports.

Japan Tobacco Stock Performance

OTCMKTS:JAPAY opened at $13.70 on Monday. The stock has a market capitalization of $48.65 billion, a P/E ratio of 15.75 and a beta of 0.44. Japan Tobacco has a 1 year low of $11.91 and a 1 year high of $14.99. The firm has a 50 day moving average of $12.81 and a 200-day moving average of $13.41. The company has a current ratio of 1.89, a quick ratio of 1.34 and a debt-to-equity ratio of 0.22.

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

About Japan Tobacco

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.