Japan Airlines (OTCMKTS:JAPSY) Sets New 12-Month Low – Here’s Why

Shares of Japan Airlines Ltd (OTCMKTS:JAPSYGet Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $7.8350 and last traded at $7.8350, with a volume of 151439 shares changing hands. The stock had previously closed at $8.09.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Analysis on JAPSY

Japan Airlines Stock Performance

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 stock’s 50 day moving average price is $8.76 and its two-hundred day moving average price is $9.19. The firm has a market capitalization of $6.78 billion, a PE ratio of 7.99 and a beta of 0.43.

Japan Airlines (OTCMKTS:JAPSYGet Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $0.34 earnings per share for the quarter. Japan Airlines had a net margin of 6.57% and a return on equity of 10.93%. The business had revenue of $3.44 billion during the quarter. On average, equities analysts expect that Japan Airlines Ltd will post 0.9 earnings per share for the current year.

About Japan Airlines

(Get Free Report)

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.

Further Reading

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