Japan Airlines Ltd (OTCMKTS:JAPSY) Short Interest Update

Japan Airlines Ltd (OTCMKTS:JAPSY) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totaling 33,650 shares, an increase of 451.4% from the July 15th total of 6,103 shares. Based on an average daily trading volume, of 54,556 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the company’s stock are short sold.

Wall Street Analyst Weigh In

Separately, Zacks Research raised Japan Airlines from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, Japan Airlines currently has a consensus rating of “Buy”.

Japan Airlines Stock Up 0.5%

Japan Airlines stock opened at $9.48 on Wednesday. The firm has a market capitalization of $8.20 billion, a price-to-earnings ratio of 11.16 and a beta of 0.41. The firm’s fifty day moving average price is $8.87 and its two-hundred day moving average price is $8.74. Japan Airlines has a 1-year low of $7.55 and a 1-year high of $11.00. The company has a current ratio of 1.44, a quick ratio of 1.38 and a debt-to-equity ratio of 0.54.

Japan Airlines (OTCMKTS:JAPSY) last posted its earnings results on Monday, August 3rd. The company reported $0.03 EPS for the quarter. Japan Airlines had a net margin of 5.68% and a return on equity of 9.09%. The company had revenue of $3.29 billion during the quarter. On average, equities research analysts predict that Japan Airlines will post 0.6 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.