Japan Tob Inc (OTCMKTS:JAPAY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued on Friday.

According to Zacks, “Japan Tobacco Inc. manufactures, markets and sells cigarettes and other tobacco products. It also engaged in pharmaceutical and food businesses. Japan Tobacco Inc. is based in MINATO-KU TKY. “

Shares of Japan Tob (OTCMKTS:JAPAY) traded down 0.30% during trading on Friday, reaching $16.66. 41,557 shares of the company’s stock traded hands. The company has a 50 day moving average price of $17.10 and a 200 day moving average price of $17.26. Japan Tob has a 1-year low of $15.74 and a 1-year high of $20.49.

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