Japan Airlines Ltd (OTCMKTS:JAPSY) Sees Large Decline in Short Interest

Japan Airlines Ltd (OTCMKTS:JAPSY) was the recipient of a large decline in short interest in September. As of September 30th, there was short interest totaling 7,156 shares, a decline of 48.6% from the September 15th total of 13,925 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 31,459 shares, the short-interest ratio is currently 0.2 days.

Japan Airlines Price Performance

Shares of Japan Airlines stock traded down $0.28 during trading on Wednesday, hitting $9.19. 4,758 shares of the stock traded hands, compared to its average volume of 86,834. The company has a quick ratio of 1.47, a current ratio of 1.55 and a debt-to-equity ratio of 0.48. Japan Airlines has a 52 week low of $7.55 and a 52 week high of $10.53. The firm’s fifty day moving average is $9.54 and its 200-day moving average is $8.83. The stock has a market cap of $7.95 billion, a price-to-earnings ratio of 10.81 and a beta of 0.48.

Japan Airlines (OTCMKTS:JAPSY) last issued its earnings results on Monday, August 3rd. The company reported $0.03 EPS for the quarter. The company had revenue of $3.29 billion for the quarter. Japan Airlines had a net margin of 5.68% and a return on equity of 8.82%. Research analysts expect that Japan Airlines will post 0.69 EPS for the current fiscal year.

Japan Airlines Company Profile

Japan Airlines Co, Ltd. is a Japanese airline and the core company of the Japan Airlines Group. The company provides scheduled air transportation for domestic and international passengers, along with cargo and mail services. Its operations are supported by related businesses including airport services, aircraft maintenance, travel services, loyalty programs and other services connected to air transportation.

Japan Airlines serves destinations throughout Japan and connects the country with major cities across Asia, North America, Europe and other international markets.