Japan Airlines (OTCMKTS:JAPSY) Shares Gap Up – Here’s What Happened

Shares of Japan Airlines Ltd (OTCMKTS:JAPSY) gapped up before the market opened on Friday. The stock had previously closed at $9.65, but opened at $9.99. Japan Airlines shares last traded at $9.9050, with a volume of 2,689 shares traded.

Japan Airlines Stock Up 2.0%

The stock has a market cap of $8.51 billion, a PE ratio of 11.58 and a beta of 0.41. The company has a current ratio of 1.55, a quick ratio of 1.47 and a debt-to-equity ratio of 0.48. The business has a 50-day moving average price of $9.39 and a 200-day moving average price of $8.71.

Japan Airlines (OTCMKTS:JAPSY) last issued its quarterly earnings results on Monday, August 3rd. The company reported $0.03 EPS for the quarter. The company had revenue of $3.29 billion during the quarter. Japan Airlines had a net margin of 5.68% and a return on equity of 8.82%. As a group, analysts forecast that Japan Airlines Ltd will post 0.69 earnings per share for the current year.

About Japan Airlines

Japan Airlines Co, Ltd. (OTCMKTS:JAPSY), commonly known as JAL, is the flagship airline of Japan and the core company of the JAL Group. The company provides scheduled air transportation for passengers and cargo, serving domestic destinations across Japan and international markets throughout Asia, North America, Europe and other regions.

JAL’s services include economy, premium economy, business and first-class travel, as well as cargo transportation and related airport and logistics services.