Japan Airlines (OTCMKTS:JAPSY) Hits New 12-Month Low – Here’s Why

Japan Airlines Ltd (OTCMKTS:JAPSY) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $7.8350 and last traded at $7.8350, with a volume of 151439 shares changing hands. The stock had previously closed at $8.09.

Analysts Set New Price Targets

Separately, Zacks Research cut Japan Airlines from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Japan Airlines presently has a consensus rating of “Moderate Buy”.

Japan Airlines Trading Down 2.6%

The stock has a market capitalization of $6.59 billion, a price-to-earnings ratio of 7.78 and a beta of 0.43. The company has a debt-to-equity ratio of 0.57, a quick ratio of 1.40 and a current ratio of 1.47. The business has a 50-day moving average of $8.67 and a 200-day moving average of $9.17.

Japan Airlines (OTCMKTS:JAPSY) last announced its earnings results on Tuesday, February 3rd. The company reported $0.34 earnings per share (EPS) for the quarter. The firm had revenue of $3.44 billion during the quarter. Japan Airlines had a return on equity of 10.93% and a net margin of 6.57%. As a group, research analysts forecast that Japan Airlines Ltd will post 0.9 EPS for the current year.

Japan Airlines Company Profile

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.