Japan Airlines (OTCMKTS:JAPSY) Shares Up 1.6% – Still a Buy?

Japan Airlines Ltd (OTCMKTS:JAPSY) shares traded up 1.6% during mid-day trading on Friday . The stock traded as high as $9.73 and last traded at $9.70. 39,937 shares were traded during trading, a decline of 11% from the average session volume of 44,728 shares. The stock had previously closed at $9.55.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on JAPSY shares. Jefferies Financial Group raised shares of Japan Airlines from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 8th. Zacks Research lowered Japan Airlines from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, October 1st. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.

Japan Airlines Price Performance

The company has a current ratio of 1.31, a quick ratio of 1.25 and a debt-to-equity ratio of 0.79. The stock has a market cap of $8.47 billion, a PE ratio of 10.21 and a beta of 0.42. The company’s 50 day moving average is $9.88 and its 200-day moving average is $9.98.

Japan Airlines (OTCMKTS:JAPSY) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.31 earnings per share for the quarter. Japan Airlines had a net margin of 6.48% and a return on equity of 12.66%. The company had revenue of $3.48 billion during the quarter. As a group, sell-side analysts predict that Japan Airlines Ltd will post 0.8 earnings per share for the current year.

Japan Airlines Company Profile

Japan Airlines Co, Ltd., together with its subsidiaries, provides scheduled and non-scheduled air transport services in Japan, Asia, Oceania, North America, and Europe. The company operates through Air Transportation and Other segments. It offers passenger, ground handling, cargo and mail handling, and maintenance services.