Japan Airlines (OTCMKTS:JAPSY) Announces Earnings Results

Japan Airlines (OTCMKTS:JAPSY) issued its earnings results on Monday. The company reported $0.03 EPS for the quarter, Zacks reports. Japan Airlines had a net margin of 6.84% and a return on equity of 10.96%.

Japan Airlines Stock Performance

Shares of OTCMKTS:JAPSY opened at $9.20 on Monday. The company has a market cap of $7.96 billion, a P/E ratio of 8.93 and a beta of 0.42. The business’s 50-day simple moving average is $8.71 and its 200 day simple moving average is $8.74. Japan Airlines has a one year low of $7.55 and a one year high of $11.00. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.38 and a current ratio of 1.44.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of Japan Airlines from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy”.

About Japan Airlines

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.