Japan Airlines (OTCMKTS:JAPSY) Shares Gap Down - Here's Why

Key Points

• Japan Airlines' shares gapped down from a closing price of $10.03 to an opening price of $9.60, eventually trading at $10.22.
• The company reported **$0.12 earnings per share** for its last quarter, with revenue reaching **$3.01 billion** and a net margin of 6.04%.
• Japan Airlines has a market cap of **$8.67 billion**, a PE ratio of **12.27**, and a relatively low debt-to-equity ratio of **0.79**.
• Analysts forecast Japan Airlines to post **$0.8 EPS** for the current fiscal year, indicating a modest outlook for earnings growth.

Japan Airlines Ltd (OTCMKTS:JAPSY - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $10.03, but opened at $9.60. Japan Airlines shares last traded at $10.22, with a volume of 366 shares traded.

Japan Airlines Stock Performance

The firm has a market capitalization of $8.55 billion, a P/E ratio of 12.09 and a beta of 0.52. The stock has a 50-day moving average of $9.94 and a 200 day moving average of $9.08. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.25 and a current ratio of 1.31.

Japan Airlines (OTCMKTS:JAPSY - Get Free Report) last announced its quarterly earnings data on Friday, May 2nd. The company reported $0.12 EPS for the quarter. The firm had revenue of $3.01 billion for the quarter. Japan Airlines had a return on equity of 11.41% and a net margin of 6.04%. On average, research analysts anticipate 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.