Japan Airlines (OTCMKTS:JAPSY) Shares Gap Down – Should You Sell?

Japan Airlines Ltd (OTCMKTS:JAPSY) shares gapped down before the market opened on Monday . The stock had previously closed at $9.70, but opened at $9.2650. Japan Airlines shares last traded at $9.2738, with a volume of 3,731 shares.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on JAPSY shares. Jefferies Financial Group upgraded shares of Japan Airlines from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 8th. Zacks Research lowered Japan Airlines from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Buy”.

Japan Airlines Price Performance

The company has a quick ratio of 1.25, a current ratio of 1.31 and a debt-to-equity ratio of 0.79. The company has a market cap of $8.10 billion, a price-to-earnings ratio of 9.77 and a beta of 0.42. The stock’s 50-day simple moving average is $9.88 and its 200 day simple moving average is $9.99.

Japan Airlines (OTCMKTS:JAPSY) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.31 EPS for the quarter. Japan Airlines had a net margin of 6.48% and a return on equity of 12.66%. The firm had revenue of $3.48 billion for the quarter. On average, equities research analysts anticipate that Japan Airlines Ltd will post 0.8 EPS for the current fiscal year.

Japan Airlines Company Profile

Japan Airlines Co, Ltd., together with its subsidiaries, provides scheduled and non-scheduled air transport services in Japan, Asia, Oceania, North America, and Europe. The company operates through Air Transportation and Other segments. It offers passenger, ground handling, cargo and mail handling, and maintenance services.