Japan Airlines Ltd (OTCMKTS:JAPSY) Short Interest Update
by Doug Wharley · The Cerbat GemJapan Airlines Ltd (OTCMKTS:JAPSY – Get Free Report) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 207,183 shares, a growth of 212.1% from the April 30th total of 66,375 shares. Based on an average trading volume of 313,263 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.0% of the company’s stock are sold short.
Wall Street Analyst Weigh In
Separately, Zacks Research raised Japan Airlines from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Buy”.
Read Our Latest Stock Analysis on Japan Airlines
Japan Airlines Trading Up 2.0%
OTCMKTS JAPSY traded up $0.17 during mid-day trading on Friday, reaching $8.52. 330,222 shares of the stock were exchanged, compared to its average volume of 150,791. Japan Airlines has a 1-year low of $7.55 and a 1-year high of $11.00. The business’s fifty day simple moving average is $8.10 and its 200 day simple moving average is $8.93. The stock has a market capitalization of $7.37 billion, a PE ratio of 8.27 and a beta of 0.40. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.40 and a current ratio of 1.47.
Japan Airlines (OTCMKTS:JAPSY – Get Free Report) last announced its earnings results on Thursday, April 30th. The company reported $0.17 earnings per share (EPS) for the quarter. The firm had revenue of $3.18 billion for the quarter. Japan Airlines had a net margin of 6.84% and a return on equity of 10.96%. On average, research analysts anticipate that Japan Airlines will post 0.68 earnings per share for the current fiscal 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.