Japan Airlines (OTCMKTS:JAPSY) Downgraded by Zacks Research to “Strong Sell”

Zacks Research lowered shares of Japan Airlines (OTCMKTS:JAPSY) from a hold rating to a strong sell rating in a research note published on Tuesday morning,Zacks.com reports.

Japan Airlines Stock Up 1.6%

JAPSY opened at $10.21 on Tuesday. Japan Airlines has a 12 month low of $7.69 and a 12 month high of $11.00. The company has a current ratio of 1.47, a quick ratio of 1.40 and a debt-to-equity ratio of 0.57. The business’s 50-day moving average price is $9.58 and its 200-day moving average price is $9.79. The company has a market cap of $8.91 billion, a P/E ratio of 10.42 and a beta of 0.37.

Japan Airlines (OTCMKTS:JAPSY) last issued its earnings results on Tuesday, February 3rd. The company reported $0.34 earnings per share for the quarter. The company had revenue of $3.44 billion during the quarter. Japan Airlines had a return on equity of 10.93% and a net margin of 6.57%. On average, equities analysts expect that Japan Airlines will post 0.8 EPS for the current year.

Japan Airlines Company Profile

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.