Japan Airlines (OTCMKTS:JAPSY) Shares Gap Up – Time to Buy?

Japan Airlines Ltd (OTCMKTS:JAPSY) shares gapped up before the market opened on Monday . The stock had previously closed at $8.92, but opened at $9.57. Japan Airlines shares last traded at $9.57, with a volume of 42,162 shares traded.

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 note on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, Japan Airlines presently has an average rating of “Buy”.

Japan Airlines Stock Down 1.5%

The firm has a market cap of $8.15 billion, a price-to-earnings ratio of 9.16 and a beta of 0.42. 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 stock has a 50-day moving average of $8.37 and a 200-day moving average of $8.79.

Japan Airlines (OTCMKTS:JAPSY) last announced its quarterly earnings data on Thursday, April 30th. The company reported $0.17 EPS for the quarter. The business 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%. Sell-side analysts predict that Japan Airlines Ltd will post 0.6 EPS 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.