Japan Airlines (OTCMKTS:JAPSY) Announces Earnings Results

Japan Airlines (OTCMKTS:JAPSY) announced its earnings results on Thursday. The company reported $0.17 earnings per share (EPS) for the quarter, Zacks reports. Japan Airlines had a net margin of 6.57% and a return on equity of 10.93%. The business had revenue of $3.18 billion for the quarter.

Japan Airlines Stock Performance

Japan Airlines stock traded up $0.12 on Friday, hitting $8.04. The company’s stock had a trading volume of 90,682 shares, compared to its average volume of 167,417. The firm has a market cap of $6.96 billion, a P/E ratio of 8.21 and a beta of 0.40. 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 company has a fifty day moving average price of $8.42 and a 200-day moving average price of $9.11. Japan Airlines has a one year low of $7.55 and a one year high of $11.00.

Analysts Set New Price Targets

Separately, Zacks Research lowered shares of Japan Airlines from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 24th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy”.

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.