Japan Airlines (OTCMKTS:JAPSY) Shares Gap Down – Here’s What Happened

Japan Airlines Ltd (OTCMKTS:JAPSY) gapped down prior to trading on Monday . The stock had previously closed at $10.30, but opened at $9.30. Japan Airlines shares last traded at $9.30, with a volume of 320 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of Japan Airlines from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Japan Airlines Price Performance

The stock has a market cap of $7.78 billion, a price-to-earnings ratio of 9.09 and a beta of 0.30. 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 company has a 50-day simple moving average of $9.62 and a two-hundred day simple moving average of $9.76.

Japan Airlines (OTCMKTS:JAPSY) last released its earnings results on Tuesday, February 3rd. The company reported $0.34 earnings per share for the quarter. The business had revenue of $3.44 billion during the quarter. Japan Airlines had a net margin of 6.57% and a return on equity of 10.93%. As a group, equities research analysts forecast that Japan Airlines Ltd will post 0.8 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.