Japan Airlines (OTCMKTS:JAPSY) Posts Quarterly Earnings Results

Japan Airlines (OTCMKTS:JAPSY) issued its quarterly earnings data on Monday. The company reported $0.03 earnings per share for the quarter, Zacks reports. Japan Airlines had a net margin of 6.84% and a return on equity of 10.96%.

Japan Airlines Stock Performance

OTCMKTS:JAPSY opened at $9.39 on Tuesday. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.38 and a current ratio of 1.44. The stock has a 50-day simple moving average of $8.74 and a two-hundred day simple moving average of $8.74. The firm has a market capitalization of $8.12 billion, a PE ratio of 9.12 and a beta of 0.41. Japan Airlines has a 52-week low of $7.55 and a 52-week high of $11.00.

Wall Street Analyst Weigh In

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

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.