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 report published on Monday,Zacks.com reports.

Japan Airlines Price Performance

Shares of OTCMKTS:JAPSY opened at $8.00 on Monday. Japan Airlines has a twelve month low of $7.55 and a twelve month high of $11.00. The company’s 50 day moving average is $8.10 and its 200 day moving average is $8.98. The company has a current ratio of 1.47, a quick ratio of 1.40 and a debt-to-equity ratio of 0.57. The company has a market cap of $6.92 billion, a PE ratio of 7.77 and a beta of 0.40.

Japan Airlines (OTCMKTS:JAPSY) last issued its quarterly earnings data on Thursday, April 30th. The company reported $0.17 EPS for the quarter. The business had revenue of $3.18 billion for the quarter. Japan Airlines had a net margin of 6.84% and a return on equity of 10.96%. On average, sell-side analysts forecast that Japan Airlines will post 0.68 EPS for the current 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.