Japan Airlines (OTCMKTS:JAPSY) Shares Gap Down – Should You Sell?

Shares of Japan Airlines Ltd (OTCMKTS:JAPSY) gapped down prior to trading on Thursday . The stock had previously closed at $8.45, but opened at $8.0925. Japan Airlines shares last traded at $8.0899, with a volume of 16,111 shares traded.

Analyst Ratings Changes

Separately, Zacks Research cut shares of Japan Airlines from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Japan Airlines Stock Down 3.7%

The company’s 50 day moving average price is $9.06 and its two-hundred day moving average price is $9.33. The firm has a market cap of $7.11 billion, a PE ratio of 8.31 and a beta of 0.43. The company has a current ratio of 1.47, a quick ratio of 1.40 and a debt-to-equity ratio of 0.57.

Japan Airlines (OTCMKTS:JAPSY) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $0.34 earnings per share for the quarter. The business had revenue of $3.44 billion for the quarter. Japan Airlines had a net margin of 6.57% and a return on equity of 10.93%. On average, equities research analysts expect that Japan Airlines Ltd will post 0.8 EPS for the current fiscal year.

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.