Japan Airlines Ltd (OTCMKTS:JAPSY) Sees Significant Decline in Short Interest

Japan Airlines Ltd (OTCMKTS:JAPSY) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 6,103 shares, a decrease of 81.1% from the June 30th total of 32,350 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 175,629 shares, the days-to-cover ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Japan Airlines from a “strong sell” rating to a “hold” rating in a report on Monday, May 18th. One investment 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 stock presently has a consensus rating of “Buy”.

Japan Airlines Stock Performance

OTCMKTS:JAPSY opened at $8.47 on Friday. The company has a fifty day moving average of $8.60 and a 200-day moving average of $8.75. The firm has a market capitalization of $7.32 billion, a P/E ratio of 8.22 and a beta of 0.42. The company has a quick ratio of 1.40, a current ratio of 1.47 and a debt-to-equity ratio of 0.57. Japan Airlines has a twelve month low of $7.55 and a twelve month high of $11.00.

Japan Airlines (OTCMKTS:JAPSY) last released its earnings results on Thursday, April 30th. The company reported $0.17 earnings per share (EPS) for the quarter. The company 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 anticipate that Japan Airlines will post 0.6 EPS for the current 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.