Japan Airlines (OTCMKTS:JAPSY) Reaches New 52-Week Low – Here’s What Happened

Japan Airlines Ltd (OTCMKTS:JAPSY) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as $7.89 and last traded at $7.89, with a volume of 867 shares. The stock had previously closed at $8.15.

Wall Street Analysts Forecast Growth

Separately, Zacks Research cut shares of Japan Airlines from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

Japan Airlines Stock Down 0.4%

The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.40 and a current ratio of 1.47. The firm has a market capitalization of $6.94 billion, a PE ratio of 8.11 and a beta of 0.43. The company’s 50 day simple moving average is $8.95 and its 200-day simple moving average is $9.26.

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