Japan Airlines (OTCMKTS:JAPSY) Downgraded by Zacks Research to Strong Sell

Zacks Research downgraded shares of Japan Airlines (OTCMKTS:JAPSY) from a hold rating to a strong sell rating in a research report released on Wednesday morning,Zacks.com reports.

Separately, Jefferies Financial Group upgraded shares of Japan Airlines from a “hold” rating to a “strong-buy” rating in a report on Monday, September 8th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

Japan Airlines Price Performance

Shares of OTCMKTS:JAPSY opened at $9.21 on Wednesday. The company has a market cap of $8.04 billion, a P/E ratio of 9.69 and a beta of 0.38. The business has a fifty day simple moving average of $9.53 and a 200-day simple moving average of $9.98. Japan Airlines has a 52 week low of $7.57 and a 52 week high of $11.00. The company has a quick ratio of 1.25, a current ratio of 1.46 and a debt-to-equity ratio of 0.60.

Japan Airlines (OTCMKTS:JAPSY) last released its earnings results on Thursday, October 30th. The company reported $0.31 earnings per share for the quarter. Japan Airlines had a return on equity of 11.17% and a net margin of 6.48%.The firm had revenue of $3.48 billion for the quarter. Equities research analysts forecast that Japan Airlines will post 0.8 EPS for the current year.

About Japan Airlines

Japan Airlines Co, Ltd., together with its subsidiaries, provides scheduled and non-scheduled air transport services in Japan, Asia, Oceania, North America, and Europe. The company operates through Air Transportation and Other segments. It offers passenger, ground handling, cargo and mail handling, and maintenance services.