Japan Airlines (OTCMKTS:JAPSY) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Japan Airlines Ltd (OTCMKTS:JAPSY) saw unusually-high trading volume on Monday . Approximately 58,291 shares traded 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.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the stock. 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. Zacks Research cut shares of Japan Airlines from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 3rd. One investment analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Japan Airlines Stock 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 has a fifty day simple moving average of $9.33 and a 200-day simple moving average of $9.88. The company has a market capitalization of $8.20 billion, a P/E ratio of 9.88 and a beta of 0.38.

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 net margin of 6.48% and a return on equity of 11.17%. The business had revenue of $3.48 billion for the quarter. Equities analysts forecast that Japan Airlines Ltd will post 0.8 EPS 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.