Japan Airlines Co., Ltd. (OTCMKTS:JAPSY) Sees Significant Decline in Short Interest

Japan Airlines Co., Ltd. (OTCMKTS:JAPSY) was the recipient of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 9,800 shares, a drop of 82.5% from the October 15th total of 56,100 shares. Based on an average daily volume of 118,000 shares, the short-interest ratio is presently 0.1 days.

Japan Airlines Price Performance

JAPSY traded down $0.11 on Tuesday, reaching $7.78. 77,114 shares of the company’s stock were exchanged, compared to its average volume of 66,785. Japan Airlines has a twelve month low of $7.27 and a twelve month high of $10.17. The stock’s fifty day moving average price is $8.23 and its 200-day moving average price is $8.19. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.33 and a current ratio of 1.39.

Japan Airlines (OTCMKTS:JAPSY) last announced its earnings results on Friday, November 1st. The company reported $0.28 earnings per share for the quarter. Japan Airlines had a net margin of 5.08% and a return on equity of 9.18%. The firm had revenue of $3.21 billion for the quarter. On average, analysts anticipate that Japan Airlines will post 0.81 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.