Japan Airlines (OTCMKTS:JAPSY) Shares Gap Down – What’s Next?

Japan Airlines Ltd (OTCMKTS:JAPSY) gapped down prior to trading on Monday . The stock had previously closed at $9.70, but opened at $9.2650. Japan Airlines shares last traded at $9.2738, with a volume of 3,731 shares changing hands.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the stock. Zacks Research cut shares of Japan Airlines from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 1st. Jefferies Financial Group upgraded shares of Japan Airlines from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 8th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Japan Airlines presently has an average rating of “Buy”.

Japan Airlines Stock Performance

The company has a debt-to-equity ratio of 0.79, a current ratio of 1.31 and a quick ratio of 1.25. The stock has a 50-day moving average price of $9.82 and a 200-day moving average price of $10.00. The company has a market capitalization of $8.08 billion, a price-to-earnings ratio of 9.74 and a beta of 0.42.

Japan Airlines (OTCMKTS:JAPSY) last posted 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 12.66% and a net margin of 6.48%.The business had revenue of $3.48 billion for the quarter. As a group, analysts forecast that Japan Airlines Ltd will post 0.8 earnings per share for the current year.

About Japan Airlines

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.