Japan Airlines (OTCMKTS:JAPSY) Stock Price Down 13.5% – Here’s Why

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

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered shares of Japan Airlines from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Research Report on JAPSY

Japan Airlines Trading Down 6.9%

The company 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 current ratio of 1.47 and a quick ratio of 1.40. The business’s 50-day moving average price is $9.63 and its two-hundred day moving average price is $9.77.

Japan Airlines (OTCMKTS:JAPSYGet Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $0.34 EPS for the quarter. Japan Airlines had a return on equity of 10.93% and a net margin of 6.57%.The business had revenue of $3.44 billion for the quarter. As a group, analysts forecast that Japan Airlines Ltd will post 0.8 EPS for the current fiscal year.

About Japan Airlines

(Get Free Report)

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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