Japan Airlines (OTCMKTS:JAPSY) Shares Gap Down – Here’s What Happened
by Renee Jackson · The Cerbat GemShares of Japan Airlines Ltd (OTCMKTS:JAPSY – Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $8.3680, but opened at $7.96. Japan Airlines shares last traded at $7.95, with a volume of 50,067 shares trading hands.
Analysts Set New Price Targets
Separately, Zacks Research cut shares of Japan Airlines from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy”.
Check Out Our Latest Research Report on Japan Airlines
Japan Airlines Price Performance
The company has a quick ratio of 1.40, a current ratio of 1.47 and a debt-to-equity ratio of 0.57. The firm has a market cap of $6.82 billion, a P/E ratio of 8.05 and a beta of 0.43. The business has a fifty day moving average of $8.80 and a 200 day moving average of $9.21.
Japan Airlines (OTCMKTS:JAPSY – Get Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.34 EPS for the quarter. The business had revenue of $3.44 billion during the quarter. Japan Airlines had a return on equity of 10.93% and a net margin of 6.57%. On average, sell-side analysts anticipate that Japan Airlines Ltd will post 0.9 earnings per share for the current year.
Japan Airlines Company Profile
Japan Airlines (OTCMKTS:JAPSY) is the flag carrier of Japan, providing both scheduled passenger and cargo air transportation services. The company operates a comprehensive network of domestic and international flights, connecting major cities across Asia, Europe, North America and Oceania. In addition to its core passenger services, Japan Airlines offers charter operations, cargo logistics and maintenance support through its technical services division.
The airline’s network is centered on its primary hubs at Tokyo’s Haneda and Narita airports.