Japan Airlines Ltd (OTCMKTS:JAPSY) Short Interest Down 82.3% in June

Japan Airlines Ltd (OTCMKTS:JAPSY) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 24,983 shares, a decline of 82.3% from the May 31st total of 140,972 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 328,139 shares, the short-interest ratio is presently 0.1 days.

Japan Airlines Price Performance

OTCMKTS:JAPSY traded up $0.19 during mid-day trading on Friday, reaching $8.80. The stock had a trading volume of 72,976 shares, compared to its average volume of 137,656. The stock has a 50-day simple moving average of $8.19 and a two-hundred day simple moving average of $8.79. The stock has a market capitalization of $7.61 billion, a PE ratio of 8.54 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. Japan Airlines has a 12 month low of $7.55 and a 12 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 for the quarter. Japan Airlines had a return on equity of 10.96% and a net margin of 6.84%.The firm had revenue of $3.18 billion during the quarter. On average, equities analysts anticipate that Japan Airlines will post 0.6 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Zacks Research raised 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 company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

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.