Japan Airlines (OTCMKTS:JAPSY) Downgraded by Zacks Research to “Strong Sell”

Japan Airlines (OTCMKTS:JAPSY) was downgraded by equities researchers at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Tuesday,Zacks.com reports.

Japan Airlines Stock Up 1.6%

Japan Airlines stock opened at $10.21 on Tuesday. The company has a market capitalization of $8.91 billion, a PE ratio of 10.42 and a beta of 0.37. Japan Airlines has a 12-month low of $7.69 and a 12-month high of $11.00. The firm’s fifty day moving average is $9.58 and its 200 day moving average is $9.79. The company has a quick ratio of 1.40, a current ratio of 1.47 and a debt-to-equity ratio of 0.57.

Japan Airlines (OTCMKTS:JAPSY) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $0.34 earnings per share for the quarter. Japan Airlines had a net margin of 6.57% and a return on equity of 10.93%. The firm had revenue of $3.44 billion during the quarter. As a group, sell-side analysts predict that Japan Airlines will post 0.8 EPS for the current fiscal year.

Japan Airlines Company Profile

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.