Japan Airlines (OTCMKTS:JAPSY) Issues Quarterly Earnings Results

Japan Airlines (OTCMKTS:JAPSY) announced its quarterly earnings data on Monday. The company reported $0.03 EPS for the quarter, Zacks reports. The company had revenue of $3.29 billion during the quarter. Japan Airlines had a return on equity of 9.09% and a net margin of 5.68%.

Japan Airlines Stock Down 0.2%

OTCMKTS:JAPSY opened at $9.37 on Wednesday. Japan Airlines has a 1 year low of $7.55 and a 1 year high of $11.00. The stock has a 50-day moving average price of $8.76 and a two-hundred day moving average price of $8.74. The stock has a market cap of $8.10 billion, a price-to-earnings ratio of 9.10 and a beta of 0.41. The company has a current ratio of 1.44, a quick ratio of 1.38 and a debt-to-equity ratio of 0.54.

Analyst Upgrades and Downgrades

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

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.