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

Japan Airlines Ltd (OTCMKTS:JAPSY) gapped down prior to trading on Tuesday . The stock had previously closed at $9.63, but opened at $9.27. Japan Airlines shares last traded at $9.27, with a volume of 2,226 shares traded.

Analyst Upgrades and Downgrades

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

Japan Airlines Price Performance

The company has a market cap of $8.14 billion, a price-to-earnings ratio of 9.81 and a beta of 0.38. The company has a current ratio of 1.46, a quick ratio of 1.40 and a debt-to-equity ratio of 0.60. The company has a fifty day moving average price of $9.35 and a two-hundred day moving average price of $9.86.

Japan Airlines (OTCMKTS:JAPSY) last issued its earnings results on Thursday, October 30th. The company reported $0.31 EPS for the quarter. Japan Airlines had a return on equity of 11.17% and a net margin of 6.48%.The business had revenue of $3.48 billion during the quarter. As a group, equities research 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.