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

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

Japan Airlines Trading Up 0.9%

Shares of JAPSY opened at $10.30 on Tuesday. Japan Airlines has a fifty-two week low of $7.69 and a fifty-two week high of $11.00. The firm has a market cap of $8.99 billion, a price-to-earnings ratio of 10.51 and a beta of 0.37. The firm has a 50 day moving average price of $9.60 and a 200-day moving average price of $9.79. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.40 and a current ratio of 1.47.

Japan Airlines (OTCMKTS:JAPSY) last issued its earnings results on Tuesday, February 3rd. The company reported $0.34 EPS for the quarter. The company had revenue of $3.44 billion for the quarter. Japan Airlines had a net margin of 6.57% and a return on equity of 10.93%. As a group, equities research analysts forecast that Japan Airlines will post 0.8 earnings per share for the current 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.