Japan Airlines (OTCMKTS:JAPSY) Upgraded at Zacks Research

Zacks Research upgraded shares of Japan Airlines (OTCMKTS:JAPSY) from a strong sell rating to a hold rating in a research report released on Monday,Zacks.com reports.

Japan Airlines Stock Down 1.3%

Shares of OTCMKTS:JAPSY opened at $9.33 on Monday. The company has a 50 day moving average price of $9.33 and a two-hundred day moving average price of $9.81. 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 company has a market capitalization of $8.15 billion, a PE ratio of 9.82 and a beta of 0.38. Japan Airlines has a 52 week low of $7.69 and a 52 week high of $11.00.

Japan Airlines (OTCMKTS:JAPSY) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.31 earnings per share (EPS) for the quarter. Japan Airlines had a net margin of 6.48% and a return on equity of 11.17%. The company had revenue of $3.48 billion during the quarter. 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.