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

Japan Airlines (OTCMKTS:JAPSY) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Tuesday,Zacks.com reports.

Japan Airlines Price Performance

JAPSY stock opened at $10.21 on Tuesday. The company’s 50-day moving average price is $9.58 and its two-hundred day moving average price is $9.79. The firm has a market cap of $8.91 billion, a P/E ratio of 10.42 and a beta of 0.37. The company has a quick ratio of 1.40, a current ratio of 1.47 and a debt-to-equity ratio of 0.57. Japan Airlines has a 12 month low of $7.69 and a 12 month high of $11.00.

Japan Airlines (OTCMKTS:JAPSY) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.34 earnings per share (EPS) for the quarter. The business 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%. On average, analysts anticipate that Japan Airlines will post 0.8 earnings per share for the current fiscal 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.