Japan Airlines (OTCMKTS:JAPSY) Shares Gap Down – Time to Sell?

Japan Airlines Ltd (OTCMKTS:JAPSY)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $9.63, but opened at $9.27. Japan Airlines shares last traded at $9.27, with a volume of 2,226 shares traded.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered shares of Japan Airlines from a “hold” rating to a “strong sell” rating in a research report on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Japan Airlines Trading Down 4.0%

The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.40 and a current ratio of 1.46. The company’s 50 day moving average is $9.36 and its 200 day moving average is $9.87. The stock has a market capitalization of $8.07 billion, a price-to-earnings ratio of 9.73 and a beta of 0.38.

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