Japan Airlines Ltd (OTCMKTS:JAPSY) Short Interest Update

Key Points

• Japan Airlines Ltd experienced a significant increase in short interest, rising 80.0% in August, bringing the total to 2,700 shares.
• The company has received an upgraded rating from Zacks Research, changing its status from "hold" to "strong-buy", indicating positive sentiment from analysts.
• Japan Airlines reported earnings of $0.21 EPS for the last quarter, exceeding revenue expectations with $3.26 billion.

Japan Airlines Ltd (OTCMKTS:JAPSY - Get Free Report) saw a large increase in short interest during the month of August. As of August 15th, there was short interest totaling 2,700 shares, an increase of 80.0% from the July 31st total of 1,500 shares. Based on an average trading volume of 57,600 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 57,600 shares, the short-interest ratio is presently 0.0 days.

Japan Airlines Price Performance

Shares of OTCMKTS:JAPSY traded up $0.02 during midday trading on Thursday, hitting $10.75. The company's stock had a trading volume of 4,974 shares, compared to its average volume of 37,254. The business's 50 day simple moving average is $10.36 and its 200 day simple moving average is $9.60. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.25 and a current ratio of 1.31. The company has a market cap of $9.39 billion, a P/E ratio of 11.68 and a beta of 0.47. Japan Airlines has a 12-month low of $7.48 and a 12-month high of $11.00.

Japan Airlines (OTCMKTS:JAPSY - Get Free Report) last posted its quarterly earnings results on Wednesday, July 30th. The company reported $0.21 earnings per share for the quarter. The firm had revenue of $3.26 billion for the quarter, compared to the consensus estimate of $3.20 billion. Japan Airlines had a net margin of 6.35% and a return on equity of 12.28%. On average, analysts forecast that Japan Airlines will post 0.8 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have issued reports on JAPSY. Zacks Research raised shares of Japan Airlines from a "hold" rating to a "strong-buy" rating in a research report on Friday, August 22nd. Jefferies Financial Group upgraded shares of Japan Airlines from a "hold" rating to a "strong-buy" rating in a research note on Monday. Two research analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of "Strong Buy".

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.