Japan Airlines (OTCMKTS:JAPSY) Releases Earnings Results

Japan Airlines (OTCMKTS:JAPSY) posted its quarterly earnings results on Tuesday. The company reported $0.34 earnings per share for the quarter, Zacks reports. Japan Airlines had a net margin of 6.48% and a return on equity of 11.17%.

Japan Airlines Stock Up 1.7%

Shares of OTCMKTS JAPSY opened at $9.55 on Tuesday. The company has a market capitalization of $8.34 billion, a P/E ratio of 10.05 and a beta of 0.37. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.46 and a quick ratio of 1.40. The company has a 50 day simple moving average of $9.33 and a 200-day simple moving average of $9.80. Japan Airlines has a 1 year low of $7.69 and a 1 year high of $11.00.

Analysts Set New Price Targets

Separately, Zacks Research upgraded Japan Airlines from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, Japan Airlines 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.