Japan Airlines (OTCMKTS:JAPSY) Shares Gap Up – Should You Buy?

Japan Airlines Ltd (OTCMKTS:JAPSY)’s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $8.19, but opened at $8.89. Japan Airlines shares last traded at $8.81, with a volume of 1,741 shares trading hands.

Analyst Ratings Changes

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

Japan Airlines Trading Down 0.9%

The company has a debt-to-equity ratio of 0.57, a current ratio of 1.47 and a quick ratio of 1.40. The firm has a market capitalization of $7.54 billion, a PE ratio of 8.47 and a beta of 0.42. The company’s fifty day simple moving average is $8.12 and its 200-day simple moving average is $8.82.

Japan Airlines (OTCMKTS:JAPSY) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.17 earnings per share (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%. As a group, sell-side analysts expect that Japan Airlines Ltd will post 0.6 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.