Japan Airlines (OTCMKTS:JAPSY) Upgraded to “Hold” at Zacks Research

Zacks Research upgraded shares of Japan Airlines (OTCMKTS:JAPSY) from a strong sell rating to a hold rating in a research report released on Monday morning,Zacks.com reports.

Japan Airlines Price Performance

Japan Airlines stock traded down $0.15 during trading hours on Monday, hitting $9.30. 4,157 shares of the company traded hands, compared to its average volume of 33,999. The firm’s 50-day simple moving average is $9.32 and its two-hundred day simple moving average is $9.81. The firm has a market cap of $8.12 billion, a P/E ratio of 9.79 and a beta of 0.38. Japan Airlines has a 1-year low of $7.69 and a 1-year high of $11.00. The company has a quick ratio of 1.40, a current ratio of 1.46 and a debt-to-equity ratio of 0.60.

Japan Airlines (OTCMKTS:JAPSY) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.31 earnings per share for the quarter. Japan Airlines had a net margin of 6.48% and a return on equity of 11.17%. The firm had revenue of $3.48 billion for the quarter. As a group, analysts forecast that Japan Airlines will post 0.8 earnings per share 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.