Japan Tobacco (OTCMKTS:JAPAY) Stock Crosses Below 50-Day Moving Average – Here’s Why

Japan Tobacco Inc. (OTCMKTS:JAPAY)’s share price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $14.30 and traded as low as $13.77. Japan Tobacco shares last traded at $13.77, with a volume of 18,653 shares changing hands.

Japan Tobacco Stock Performance

The company’s 50-day moving average price is $14.29 and its two-hundred day moving average price is $14.02. The company has a current ratio of 2.00, a quick ratio of 1.45 and a debt-to-equity ratio of 0.24.

Japan Tobacco (OTCMKTS:JAPAY) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.26 earnings per share for the quarter. The firm had revenue of $5.53 billion for the quarter. Japan Tobacco had a net margin of 16.58% and a return on equity of 12.02%.

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.