Japan Airlines (OTCMKTS:JAPSY) Shares Gap Up – Time to Buy?

Shares of Japan Airlines Ltd (OTCMKTS:JAPSY) gapped up prior to trading on Friday. The stock had previously closed at $9.65, but opened at $9.99. Japan Airlines shares last traded at $9.9050, with a volume of 2,689 shares trading hands.

Japan Airlines Stock Performance

The company has a quick ratio of 1.47, a current ratio of 1.55 and a debt-to-equity ratio of 0.48. The stock has a market capitalization of $8.51 billion, a PE ratio of 11.58 and a beta of 0.41. The firm has a 50 day moving average price of $9.39 and a 200-day moving average price of $8.71.

Japan Airlines (OTCMKTS:JAPSY) last issued its quarterly earnings results on Monday, August 3rd. The company reported $0.03 earnings per share for the quarter. Japan Airlines had a net margin of 5.68% and a return on equity of 8.82%. The company had revenue of $3.29 billion for the quarter. Research analysts expect that Japan Airlines Ltd will post 0.69 EPS for the current fiscal year.

About Japan Airlines

Japan Airlines Co, Ltd. (OTCMKTS:JAPSY), commonly known as JAL, is the flagship airline of Japan and the core company of the JAL Group. The company provides scheduled air transportation for passengers and cargo, serving domestic destinations across Japan and international markets throughout Asia, North America, Europe and other regions.

JAL’s services include economy, premium economy, business and first-class travel, as well as cargo transportation and related airport and logistics services.