Japan Airlines (OTCMKTS:JAPSY) Issues Quarterly Earnings Results

Japan Airlines (OTCMKTS:JAPSY) posted its earnings results on Thursday. The company reported $0.17 earnings per share for the quarter, Zacks reports. Japan Airlines had a return on equity of 10.93% and a net margin of 6.57%.The firm had revenue of $3.18 billion during the quarter.

Japan Airlines Stock Performance

Shares of JAPSY stock traded up $0.12 during trading hours on Friday, reaching $8.04. 90,682 shares of the company’s stock were exchanged, compared to its average volume of 167,417. Japan Airlines has a fifty-two week low of $7.55 and a fifty-two week high of $11.00. The stock has a market capitalization of $6.96 billion, a P/E ratio of 8.21 and a beta of 0.40. The business has a fifty day moving average price of $8.42 and a 200-day moving average price of $9.11. The company has a quick ratio of 1.40, a current ratio of 1.47 and a debt-to-equity ratio of 0.57.

Analysts Set New Price Targets

Separately, Zacks Research lowered Japan Airlines from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 24th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate 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.