ANA (OTCMKTS:ALNPY) Trading 9% Higher – Time to Buy?

ANA Holdings Inc. (OTCMKTS:ALNPY)’s share price traded up 9% on Friday . The stock traded as high as $3.75 and last traded at $3.75. 1,300 shares traded hands during mid-day trading, a decline of 82% from the average session volume of 7,296 shares. The stock had previously closed at $3.44.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on the company. Smbc Nikko Sec. upgraded ANA to a “hold” rating in a research note on Friday, February 27th. Nomura cut ANA from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat, ANA currently has an average rating of “Hold”.

ANA Trading Up 5.4%

The company has a market capitalization of $8.45 billion, a price-to-earnings ratio of 8.63 and a beta of 0.46. The company has a fifty day moving average of $3.91 and a 200-day moving average of $3.88. The company has a current ratio of 1.59, a quick ratio of 1.51 and a debt-to-equity ratio of 0.69.

ANA (OTCMKTS:ALNPY) last issued its earnings results on Friday, January 30th. The transportation company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.02. The business had revenue of $4.45 billion for the quarter, compared to analysts’ expectations of $4.38 billion. ANA had a return on equity of 12.84% and a net margin of 6.47%.

About ANA

All Nippon Airways Co, Ltd. (OTCMKTS: ALNPY) is a Tokyo-based airline offering passenger and cargo air transportation services. Founded in 1952, the company operates scheduled flights under its ANA brand, providing a network of domestic and international routes. In addition to core flight operations, ANA delivers ancillary services including in-flight catering, ground handling and aircraft maintenance.

ANA’s diversified business model encompasses several subsidiaries such as ANA Wings and Air Japan for regional operations, and ANA Cargo for freight services.