Japan Airlines (OTCMKTS:JAPSY) Sees Strong Trading Volume – Time to Buy?

Japan Airlines Ltd (OTCMKTS:JAPSY) saw an uptick in trading volume on Thursday . 226,694 shares traded hands during mid-day trading, an increase of 449% from the previous session’s volume of 41,291 shares.The stock last traded at $10.1240 and had previously closed at $10.15.

Analysts Set New Price Targets

Separately, Zacks Research raised Japan Airlines from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy”.

Japan Airlines Price Performance

The company has a current ratio of 1.46, a quick ratio of 1.40 and a debt-to-equity ratio of 0.60. The company has a market cap of $8.72 billion, a PE ratio of 10.19 and a beta of 0.37. The firm has a 50 day moving average of $9.40 and a two-hundred day moving average of $9.80.

Japan Airlines (OTCMKTS:JAPSY) last released its earnings results on Tuesday, February 3rd. The company reported $0.34 EPS for the quarter. The firm had revenue of $3.44 billion for the quarter. Japan Airlines had a return on equity of 11.07% and a net margin of 6.57%. Research analysts predict that Japan Airlines Ltd will post 0.8 earnings per share for the current fiscal 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.