Japan Airlines (OTCMKTS:JAPSY) Posts Earnings Results

Japan Airlines (OTCMKTS:JAPSY) announced its quarterly earnings data on Thursday. The company reported $0.17 EPS for the quarter, Zacks reports. The business had revenue of $3.18 billion during the quarter. Japan Airlines had a return on equity of 10.93% and a net margin of 6.57%.

Japan Airlines Trading Up 1.6%

Japan Airlines stock traded up $0.12 during midday trading on Friday, reaching $8.04. The stock had a trading volume of 90,682 shares, compared to its average volume of 167,417. Japan Airlines has a twelve month low of $7.55 and a twelve month high of $11.00. The stock has a market capitalization of $6.96 billion, a PE ratio of 8.21 and a beta of 0.40. 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 stock’s 50-day simple moving average is $8.42 and its 200 day simple moving average is $9.11.

Wall Street Analysts Forecast Growth

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