Japan Airlines (OTCMKTS:JAPSY) Shares Up 3.5% – Time to Buy?

Japan Airlines Ltd (OTCMKTS:JAPSY) shot up 3.5% during mid-day trading on Monday. The stock traded as high as $9.99 and last traded at $9.99. Approximately 495 shares were traded during mid-day trading, a decline of 99% from the average daily volume of 92,123 shares. The stock had previously closed at $9.65.

Japan Airlines Stock Up 0.3%

The company has a quick ratio of 1.47, a current ratio of 1.55 and a debt-to-equity ratio of 0.48. The company’s 50 day moving average is $9.41 and its two-hundred day moving average is $8.72. The company has a market capitalization of $8.54 billion, a PE ratio of 11.62 and a beta of 0.41.

Japan Airlines (OTCMKTS:JAPSY) last issued its quarterly earnings results on Monday, August 3rd. The company reported $0.03 earnings per share (EPS) for the quarter. The firm had revenue of $3.29 billion during the quarter. Japan Airlines had a return on equity of 8.82% and a net margin of 5.68%. On average, analysts anticipate that Japan Airlines Ltd will post 0.69 earnings per share for the current year.

Japan Airlines Company Profile

Japan Airlines Co, Ltd. (OTCMKTS:JAPSY), commonly known as JAL, is the flagship airline of Japan and the core company of the JAL Group. The company provides scheduled air transportation for passengers and cargo, serving domestic destinations across Japan and international markets throughout Asia, North America, Europe and other regions.

JAL’s services include economy, premium economy, business and first-class travel, as well as cargo transportation and related airport and logistics services.