Japan Tobacco Inc.: Stock Price Dropped 0.9% in Tuesday's Trading

Japan Tobacco Inc.: Stock Price Dropped 0.9% in Tuesday's Trading
Japan Tobacco Inc.'s stock price fell 0.9% in Tuesday's trading, closing at $12.90, with approximately 39,332 shares traded.

On Tuesday, the stock price of Japan Tobacco Inc. decreased by 0.9%. The stock reached a low trading price of $12.87 and closed at $12.90. Approximately 39,332 shares were traded during the reporting period, representing a 25% decrease compared to the average daily trading volume of 52,106 shares. The previous closing price of the stock was $13.02.


According to reports, The Goldman Sachs Group has initiated its coverage on Japan Tobacco on October 4th, issuing a "hold" rating for the company.


The company has a quick ratio of 1.39, a current ratio of 1.90, and a debt-to-capital ratio of 0.24. Their 50-day moving average price stands at $11.95, while the 200-day moving average price is $11.33.


The company announced its earnings data for the previous quarter on October 31st. The earnings per share for the company in the last quarter were $0.30. The company's revenue for the previous quarter was $5.29 billion. Japan Tobacco's return on equity was reported at 12.44%, with a net profit margin of 17.21%. On average, sell-side analysts forecast that Japan Tobacco Corporation will achieve earnings per share of $0.88 in the current fiscal year.


Japan Tobacco Inc. is a tobacco company engaged in the production and sale of tobacco products, pharmaceutical products, and processed foods. It operates both in Japan and globally. The company conducts its business in the fields of tobacco, pharmaceuticals, and processed foods. Its product lineup includes cigarettes, non-combustible tobacco products, e-cigarettes, sliced tobacco, cigars, pipes, smokeless tobacco products, and hookahs, among others.


This article is translated from an original Chinese article available on 2firsts.cn by AI, and has been reviewed and edited by 2FIRSTS's English editorial team. The Chinese original text is the only authoritative source of information. The exclusive copyright and license rights to this article are held by 2FIRSTS Technology Co., Ltd. Any reproduction, reprinting, or redistribution of this article, either in part or in full, requires express written permission from 2FIRSTS and must include clear attribution along with a link to this content. Non-compliance may result in legal action. 2FIRSTS Technology Co., Ltd. reserves the right to pursue legal actions in case of unauthorized use or distribution.