Japan Airlines (OTCMKTS:JAPSY) Shares Down 13.5% – Should You Sell?

Japan Airlines Ltd (OTCMKTS:JAPSYGet Free Report) fell 13.5% during mid-day trading on Tuesday . The stock traded as low as $8.80 and last traded at $8.85. 4,771 shares changed hands during trading, a decline of 88% from the average session volume of 40,507 shares. The stock had previously closed at $10.23.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded shares of Japan Airlines from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

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Japan Airlines Stock Performance

The stock has a market capitalization of $7.74 billion, a P/E ratio of 9.05 and a beta of 0.30. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.40 and a current ratio of 1.47. The company’s fifty day simple moving average is $9.63 and its two-hundred day simple moving average is $9.77.

Japan Airlines (OTCMKTS:JAPSYGet Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $0.34 earnings per share (EPS) for the quarter. The company 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%. As a group, equities analysts forecast that Japan Airlines Ltd will post 0.8 EPS for the current year.

Japan Airlines Company Profile

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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.

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