Japan Airlines Ltd (OTCMKTS:JAPSY) Short Interest Down 82.3% in June

Japan Airlines Ltd (OTCMKTS:JAPSY) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 24,983 shares, a drop of 82.3% from the May 31st total of 140,972 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 328,139 shares, the short-interest ratio is currently 0.1 days.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Japan Airlines from a “strong sell” rating to a “hold” rating in a research note 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. According to MarketBeat, the company currently has an average rating of “Buy”.

Japan Airlines Stock Up 0.6%

Japan Airlines stock opened at $8.61 on Friday. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.40 and a current ratio of 1.47. The business’s 50-day simple moving average is $8.17 and its two-hundred day simple moving average is $8.79. The company has a market cap of $7.45 billion, a PE ratio of 8.36 and a beta of 0.42. Japan Airlines has a fifty-two week low of $7.55 and a fifty-two week high of $11.00.

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