Japan Airlines Co., Ltd. (OTCMKTS:JAPSY) Sees Large Growth in Short Interest

by · The Cerbat Gem

Japan Airlines Co., Ltd. (OTCMKTS:JAPSY – Get Free Report) was the recipient of a large increase in short interest in October. As of October 15th, there was short interest totalling 56,100 shares, an increase of 20.9% from the September 30th total of 46,400 shares. Based on an average trading volume of 98,500 shares, the short-interest ratio is currently 0.6 days.

Japan Airlines Stock Up 0.3 %

OTCMKTS JAPSY traded up $0.02 during trading hours on Wednesday, hitting $7.89. 41,503 shares of the company were exchanged, compared to its average volume of 66,497. The company has a 50 day moving average of $8.32 and a two-hundred day moving average of $8.28. The company has a quick ratio of 1.33, a current ratio of 1.39 and a debt-to-equity ratio of 0.82. Japan Airlines has a 52-week low of $7.27 and a 52-week high of $10.17. The firm has a market cap of $5.32 billion, a price-to-earnings ratio of 10.36 and a beta of 0.67.

Japan Airlines (OTCMKTS:JAPSY – Get Free Report) last posted its quarterly earnings data on Wednesday, July 31st. The company reported $0.10 earnings per share for the quarter. The company had revenue of $2.72 billion during the quarter. Japan Airlines had a return on equity of 9.59% and a net margin of 5.38%. Equities research analysts anticipate that Japan Airlines will post 0.81 earnings per share for the current year.

About Japan Airlines

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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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