Japan Airlines (OTCMKTS:JAPSY) Shares Up 1.6% – Time to Buy?

Japan Airlines Ltd (OTCMKTS:JAPSY) traded up 1.6% during trading on Friday . The company traded as high as $9.73 and last traded at $9.70. 39,937 shares changed hands during trading, a decline of 11% from the average session volume of 44,728 shares. The stock had previously closed at $9.55.

Analysts Set New Price Targets

JAPSY has been the subject of several research analyst reports. Jefferies Financial Group raised shares of Japan Airlines from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 8th. Zacks Research downgraded Japan Airlines from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, Japan Airlines presently has a consensus rating of “Buy”.

Japan Airlines Stock Up 1.6%

The stock’s fifty day simple moving average is $9.88 and its two-hundred day simple moving average is $9.98. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.31 and a quick ratio of 1.25. The company has a market capitalization of $8.47 billion, a price-to-earnings ratio of 10.21 and a beta of 0.42.

Japan Airlines (OTCMKTS:JAPSY) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.31 EPS for the quarter. The business had revenue of $3.48 billion during the quarter. Japan Airlines had a net margin of 6.48% and a return on equity of 12.66%. On average, sell-side analysts predict that Japan Airlines Ltd will post 0.8 earnings per share for the current fiscal year.

Japan Airlines Company Profile

Japan Airlines Co, Ltd., together with its subsidiaries, provides scheduled and non-scheduled air transport services in Japan, Asia, Oceania, North America, and Europe. The company operates through Air Transportation and Other segments. It offers passenger, ground handling, cargo and mail handling, and maintenance services.