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

Japan Airlines Co., Ltd. (OTCMKTS:JAPSY) was the target of a large drop in short interest during the month of December. As of December 31st, there was short interest totalling 12,000 shares, a drop of 65.5% from the December 15th total of 34,800 shares. Based on an average daily volume of 155,600 shares, the days-to-cover ratio is currently 0.1 days.

Japan Airlines Stock Performance

Shares of JAPSY stock traded down $0.02 during midday trading on Monday, hitting $7.70. 104,375 shares of the company were exchanged, compared to its average volume of 81,268. Japan Airlines has a 52 week low of $7.27 and a 52 week high of $9.82. The firm has a market capitalization of $5.19 billion, a P/E ratio of 12.03 and a beta of 0.69. The firm’s 50 day moving average price is $7.99 and its two-hundred day moving average price is $8.08. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.28 and a current ratio of 1.34.

Japan Airlines (OTCMKTS:JAPSY) last issued its quarterly earnings data on Friday, November 1st. The company reported $0.28 earnings per share (EPS) for the quarter. The company had revenue of $3.21 billion during the quarter. Japan Airlines had a return on equity of 9.30% and a net margin of 5.08%. As a group, equities research analysts anticipate that Japan Airlines will post 0.81 earnings per share 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.