Japan Airlines (OTCMKTS:JAPSY) Sees Strong Trading Volume – Here’s Why

Japan Airlines Ltd (OTCMKTS:JAPSY) shares saw unusually-strong trading volume on Monday . Approximately 58,291 shares changed hands during mid-day trading, an increase of 76% from the previous session’s volume of 33,182 shares.The stock last traded at $9.4070 and had previously closed at $9.30.

Analyst Ratings Changes

JAPSY has been the subject of a number of recent analyst reports. Jefferies Financial Group upgraded shares of Japan Airlines from a “hold” rating to a “strong-buy” rating in a report on Monday, September 8th. Zacks Research downgraded Japan Airlines from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 3rd. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Japan Airlines presently has a consensus rating of “Moderate Buy”.

Japan Airlines Price Performance

The company has a quick ratio of 1.40, a current ratio of 1.46 and a debt-to-equity ratio of 0.60. The stock’s 50-day moving average price is $9.33 and its 200 day moving average price is $9.88. The firm has a market cap of $8.20 billion, a price-to-earnings ratio of 9.88 and a beta of 0.38.

Japan Airlines (OTCMKTS:JAPSY) last released its earnings results on Thursday, October 30th. The company reported $0.31 earnings per share for the quarter. Japan Airlines had a return on equity of 11.17% and a net margin of 6.48%.The business had revenue of $3.48 billion for the quarter. Equities research analysts predict that Japan Airlines Ltd will post 0.8 earnings per share for the current year.

About Japan Airlines

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.