Japan Airlines (OTCMKTS:JAPSY) Hits New 12-Month High - Still a Buy?

Key Points

• Japan Airlines (OTCMKTS:JAPSY) reached a 52-week high stock price of $10.45 during trading, with a current price of $10.40.
• The company reported quarterly earnings of $0.21 per share and revenue of $3.26 billion, surpassing estimates of $3.20 billion.
• Japan Airlines maintains a market cap of $9.12 billion and a PE ratio of 11.36, reflecting solid financial health with a debt-to-equity ratio of 0.79.

Japan Airlines Ltd (OTCMKTS:JAPSY - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $10.45 and last traded at $10.40, with a volume of 17978 shares trading hands. The stock had previously closed at $10.39.

Japan Airlines Stock Up 1.4%

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 stock has a market capitalization of $9.33 billion, a P/E ratio of 11.62 and a beta of 0.56. The firm has a 50-day simple moving average of $10.03 and a 200 day simple moving average of $9.23.

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

About Japan Airlines

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.