Japan Airlines (OTCMKTS:JAPSY) Sees Unusually-High Trading Volume – Here’s Why

Japan Airlines Ltd (OTCMKTS:JAPSY) shares saw strong trading volume on Friday . 42,521 shares traded hands during mid-day trading, an increase of 26% from the previous session’s volume of 33,784 shares.The stock last traded at $9.30 and had previously closed at $9.32.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered Japan Airlines from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Japan Airlines Stock Down 0.9%

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 $8.07 billion, a PE ratio of 9.73 and a beta of 0.38. The stock’s 50 day moving average is $9.35 and its 200 day moving average is $9.86.

Japan Airlines (OTCMKTS:JAPSY) last announced its earnings results on Thursday, October 30th. The company reported $0.31 earnings per share (EPS) for the quarter. Japan Airlines had a return on equity of 11.17% and a net margin of 6.48%.The firm had revenue of $3.48 billion during the quarter. On average, sell-side analysts anticipate that Japan Airlines Ltd will post 0.8 EPS for the current fiscal 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.