Japan Airlines (OTCMKTS:JAPSY) Shares Gap Up – Still a Buy?

Japan Airlines Ltd (OTCMKTS:JAPSY)’s share price gapped up prior to trading on Friday . The stock had previously closed at $9.64, but opened at $10.41. Japan Airlines shares last traded at $10.00, with a volume of 2,249 shares trading hands.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Japan Airlines from a “strong sell” rating to a “hold” rating in a report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

Japan Airlines Trading Up 1.5%

The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.40 and a current ratio of 1.46. The firm has a market cap of $8.76 billion, a price-to-earnings ratio of 10.23 and a beta of 0.37. The business has a fifty day simple moving average of $9.36 and a 200-day simple moving average of $9.80.

Japan Airlines (OTCMKTS:JAPSY) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $0.34 EPS for the quarter. Japan Airlines had a return on equity of 11.07% and a net margin of 6.57%.The firm had revenue of $3.44 billion for the quarter. As a group, equities analysts forecast that Japan Airlines Ltd will post 0.8 earnings per share for the current fiscal year.

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.