Japan Airlines (OTCMKTS:JAPSY) Shares Gap Down – Here’s Why

Japan Airlines Ltd (OTCMKTS:JAPSY)’s share price gapped down prior to trading on Monday . The stock had previously closed at $10.30, but opened at $9.30. Japan Airlines shares last traded at $9.30, with a volume of 320 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded Japan Airlines from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 24th. One 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, Japan Airlines presently has a consensus rating of “Moderate Buy”.

Japan Airlines Stock Performance

The firm has a fifty day moving average of $9.62 and a 200-day moving average of $9.78. The company has a quick ratio of 1.40, a current ratio of 1.47 and a debt-to-equity ratio of 0.57. The stock has a market capitalization of $8.40 billion, a price-to-earnings ratio of 9.82 and a beta of 0.37.

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