Japan Airlines Ltd (OTCMKTS:JAPSY) Short Interest Update

Japan Airlines Ltd (OTCMKTS:JAPSY) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 207,183 shares, a growth of 212.1% from the April 30th total of 66,375 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 313,263 shares, the short-interest ratio is presently 0.7 days.

Japan Airlines Price Performance

Japan Airlines stock opened at $8.52 on Friday. The stock has a market cap of $7.37 billion, a price-to-earnings ratio of 8.27 and a beta of 0.40. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.47 and a quick ratio of 1.40. Japan Airlines has a 1 year low of $7.55 and a 1 year high of $11.00. The firm has a 50-day moving average of $8.10 and a two-hundred day moving average of $8.93.

Japan Airlines (OTCMKTS:JAPSY) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.17 earnings per share (EPS) for the quarter. The company had revenue of $3.18 billion during the quarter. Japan Airlines had a net margin of 6.84% and a return on equity of 10.96%. On average, research analysts forecast that Japan Airlines will post 0.68 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Japan Airlines from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy”.

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.