Japan Airlines Ltd (OTCMKTS:JAPSY) Sees Significant Decline in Short Interest

Japan Airlines Ltd (OTCMKTS:JAPSY) was the recipient of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 6,103 shares, a drop of 81.1% from the June 30th total of 32,350 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 175,629 shares, the short-interest ratio is currently 0.0 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Japan Airlines from a “strong sell” rating to a “hold” rating in a research note on Monday, May 18th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy”.

Japan Airlines Price Performance

Shares of JAPSY opened at $8.47 on Friday. Japan Airlines has a 1 year low of $7.55 and a 1 year high of $11.00. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.47 and a quick ratio of 1.40. The company has a market capitalization of $7.32 billion, a price-to-earnings ratio of 8.22 and a beta of 0.42. The business has a 50-day moving average of $8.60 and a 200-day moving average of $8.75.

Japan Airlines (OTCMKTS:JAPSY) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.17 EPS for the quarter. The company had revenue of $3.18 billion for the quarter. Japan Airlines had a return on equity of 10.96% and a net margin of 6.84%. As a group, equities research analysts anticipate that Japan Airlines will post 0.6 earnings per share for the current 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.