Japan Airlines (OTCMKTS:JAPSY) Stock Rating Upgraded by Zacks Research

Japan Airlines (OTCMKTS:JAPSY) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a note issued to investors on Monday,Zacks.com reports.

Japan Airlines Stock Performance

Shares of JAPSY opened at $8.00 on Monday. 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 firm has a market cap of $6.92 billion, a price-to-earnings ratio of 7.77 and a beta of 0.40. Japan Airlines has a 52-week low of $7.55 and a 52-week high of $11.00. The business’s 50 day moving average is $8.10 and its two-hundred day moving average is $8.98.

Japan Airlines (OTCMKTS:JAPSY) last posted its quarterly earnings results on Thursday, April 30th. The company reported $0.17 earnings per share (EPS) for the quarter. The business had revenue of $3.18 billion for the quarter. Japan Airlines had a return on equity of 10.96% and a net margin of 6.84%. Analysts forecast that Japan Airlines will post 0.68 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.