Japan Airlines (OTCMKTS:JAPSY) Shares Gap Down – Here’s What Happened

Japan Airlines Ltd (OTCMKTS:JAPSY) gapped down prior to trading on Tuesday . The stock had previously closed at $9.28, but opened at $8.9801. Japan Airlines shares last traded at $9.20, with a volume of 1,395 shares.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on JAPSY shares. Jefferies Financial Group upgraded shares of Japan Airlines from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 8th. Zacks Research downgraded shares of Japan Airlines from a “hold” rating to a “strong sell” rating in a report on Wednesday, December 3rd. One 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 stock presently has an average rating of “Moderate Buy”.

Japan Airlines Price Performance

The company has a current ratio of 1.46, a quick ratio of 1.40 and a debt-to-equity ratio of 0.60. The firm’s 50-day moving average price is $9.37 and its 200-day moving average price is $9.90. The stock has a market capitalization of $8.10 billion, a PE ratio of 9.77 and a beta of 0.38.

Japan Airlines (OTCMKTS:JAPSY) last issued its quarterly earnings data 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 company had revenue of $3.48 billion for the quarter. On average, equities analysts forecast that Japan Airlines Ltd will post 0.8 EPS 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.