Japan Airlines (OTCMKTS:JAPSY) Upgraded to Hold at Zacks Research

Japan Airlines (OTCMKTS:JAPSY) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report released on Monday,Zacks.com reports.

Japan Airlines Stock Up 0.1%

JAPSY stock opened at $8.00 on Monday. The company’s 50 day simple moving average is $8.10 and its 200-day simple moving average is $8.98. The firm has a market capitalization of $6.92 billion, a PE ratio of 7.77 and a beta of 0.40. Japan Airlines has a 12 month low of $7.55 and a 12 month high of $11.00. 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 (OTCMKTS:JAPSY) last released its quarterly earnings results on Thursday, April 30th. The company reported $0.17 EPS for the quarter. The business had revenue of $3.18 billion for the quarter. Japan Airlines had a net margin of 6.84% and a return on equity of 10.96%. Equities analysts expect that Japan Airlines will post 0.68 earnings per share 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.