Japan Airlines (OTCMKTS:JAPSY) Shares Gap Up – Here’s Why

Japan Airlines Ltd (OTCMKTS:JAPSY)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $7.55, but opened at $8.1750. Japan Airlines shares last traded at $8.1750, with a volume of 685 shares traded.

Analyst Upgrades and Downgrades

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

Japan Airlines Stock Performance

The firm’s fifty day moving average is $8.42 and its 200 day moving average is $9.11. The company has a current ratio of 1.47, a quick ratio of 1.40 and a debt-to-equity ratio of 0.57. The company has a market cap of $6.98 billion, a PE ratio of 8.23 and a beta of 0.43.

Japan Airlines (OTCMKTS:JAPSY) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $0.34 EPS for the quarter. The business had revenue of $3.44 billion during the quarter. Japan Airlines had a return on equity of 10.93% and a net margin of 6.57%. As a group, research analysts predict that Japan Airlines Ltd will post 0.9 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.