Japan Airlines (OTCMKTS:JAPSY) Cut to “Hold” at Zacks Research

Zacks Research cut shares of Japan Airlines (OTCMKTS:JAPSY) from a strong-buy rating to a hold rating in a research report report published on Wednesday morning,Zacks.com reports.

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

Japan Airlines Price Performance

OTCMKTS:JAPSY opened at $9.81 on Wednesday. Japan Airlines has a 52 week low of $7.48 and a 52 week high of $11.00. The company has a quick ratio of 1.25, a current ratio of 1.31 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $8.57 billion, a PE ratio of 10.66 and a beta of 0.44. The stock’s 50-day moving average price is $10.47 and its 200-day moving average price is $9.78.

Japan Airlines (OTCMKTS:JAPSY) last posted its earnings results on Wednesday, July 30th. The company reported $0.21 EPS for the quarter. The firm had revenue of $3.26 billion for the quarter, compared to analysts’ expectations of $3.20 billion. Japan Airlines had a return on equity of 12.28% and a net margin of 6.35%. As a group, equities analysts expect that Japan Airlines will post 0.8 EPS for the current fiscal year.

Japan Airlines Company Profile

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.