Japan Airlines (OTCMKTS:JAPSY) Lowered to “Hold” Rating by Zacks Research

Zacks Research downgraded shares of Japan Airlines (OTCMKTS:JAPSY) from a strong-buy rating to a hold rating in a report published on Wednesday morning,Zacks.com reports.

Separately, Jefferies Financial Group raised shares of Japan Airlines from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 8th. One research 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.com, the stock currently has a consensus rating of “Buy”.

Japan Airlines Stock Performance

Shares of OTCMKTS JAPSY opened at $9.82 on Wednesday. The firm’s fifty day moving average is $10.47 and its two-hundred day moving average is $9.78. Japan Airlines has a 52-week low of $7.48 and a 52-week high of $11.00. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.25 and a current ratio of 1.31. The company has a market cap of $8.57 billion, a P/E ratio of 10.67 and a beta of 0.44.

Japan Airlines (OTCMKTS:JAPSY) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.21 EPS for the quarter. Japan Airlines had a net margin of 6.35% and a return on equity of 12.28%. The firm had revenue of $3.26 billion during the quarter, compared to analysts’ expectations of $3.20 billion. As a group, analysts anticipate that Japan Airlines will post 0.8 EPS for the current fiscal year.

Japan Airlines Company Profile

Japan Airlines Co, Ltd., together with its subsidiaries, provides scheduled and non-scheduled air transport services in Japan, Asia, Oceania, North America, and Europe. The company operates through Air Transportation and Other segments. It offers passenger, ground handling, cargo and mail handling, and maintenance services.