Japan Airlines (OTCMKTS:JAPSY) Sets New 52-Week High - Still a Buy?

Key Points

• Japan Airlines shares reached a new 52-week high of $10.73, with the last trade at $10.70 and a traded volume of 942 shares.
• The company reported earnings of $0.21 per share for the quarter on revenues of $3.26 billion, surpassing analyst expectations.
• Japan Airlines has a market capitalization of $9.42 billion and a relatively low P/E ratio of 11.73, indicating it may be a viable investment option.

Shares of Japan Airlines Ltd (OTCMKTS:JAPSY - Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $10.73 and last traded at $10.70, with a volume of 942 shares changing hands. The stock had previously closed at $10.65.

Japan Airlines Stock Performance

The stock has a market capitalization of $9.42 billion, a P/E ratio of 11.73 and a beta of 0.56. The company has a quick ratio of 1.25, a current ratio of 1.31 and a debt-to-equity ratio of 0.79. The company has a 50-day moving average price of $10.04 and a two-hundred day moving average price of $9.26.

Japan Airlines (OTCMKTS:JAPSY - Get Free Report) last posted its earnings results on Wednesday, July 30th. The company reported $0.21 earnings per share for the quarter. The business had revenue of $3.26 billion for the quarter, compared to analyst estimates of $3.20 billion. Japan Airlines had a net margin of 6.35% and a return on equity of 12.28%. Equities analysts expect that Japan Airlines Ltd will post 0.8 earnings per share for the current 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.

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