Japan Tob (OTCMKTS:JAPAY) Cut to “Strong Sell” at Zacks Research

Zacks Research downgraded shares of Japan Tob (OTCMKTS:JAPAY) from a hold rating to a strong sell rating in a research report sent to investors on Tuesday,Zacks.com reports.

Japan Tob Stock Down 1.2%

Shares of JAPAY opened at $18.32 on Tuesday. Japan Tob has a 52 week low of $14.02 and a 52 week high of $20.68. The firm has a market cap of $65.06 billion, a P/E ratio of 20.13 and a beta of 0.33. The firm’s 50-day simple moving average is $18.82 and its 200 day simple moving average is $18.16. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.38 and a current ratio of 1.93.

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).