Japan Airlines Ltd (OTCMKTS:JAPSY) Short Interest Down 46.0% in August

Japan Airlines Ltd (OTCMKTS:JAPSY) saw a significant decrease in short interest in August. As of August 14th, there was short interest totaling 18,165 shares, a decrease of 46.0% from the July 30th total of 33,650 shares. Based on an average daily volume of 36,584 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the shares of the stock are sold short.

Japan Airlines Trading Down 1.8%

Shares of OTCMKTS:JAPSY traded down $0.17 during trading on Monday, reaching $9.34. The stock had a trading volume of 7,765 shares, compared to its average volume of 99,823. The company has a quick ratio of 1.38, a current ratio of 1.44 and a debt-to-equity ratio of 0.54. The stock has a market cap of $8.08 billion, a P/E ratio of 10.99 and a beta of 0.41. The business has a fifty day moving average price of $9.15 and a 200-day moving average price of $8.73. Japan Airlines has a fifty-two week low of $7.55 and a fifty-two week high of $11.00.

Japan Airlines (OTCMKTS:JAPSY) last announced its earnings results on Monday, August 3rd. The company reported $0.03 earnings per share (EPS) for the quarter. The firm had revenue of $3.29 billion for the quarter. Japan Airlines had a net margin of 5.68% and a return on equity of 9.09%. As a group, analysts anticipate that Japan Airlines will post 0.69 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Japan Airlines from a “strong sell” rating to a “hold” rating in a research report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

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.