ANA (OTCMKTS:ALNPY) Shares Gap Down – What’s Next?

ANA Holdings Inc. (OTCMKTS:ALNPY) shares gapped down before the market opened on Thursday . The stock had previously closed at $4.06, but opened at $3.6910. ANA shares last traded at $3.6910, with a volume of 196 shares changing hands.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on ALNPY shares. Nomura upgraded ANA from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 2nd. Zacks Research upgraded shares of ANA to a “hold” rating in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

ANA Trading Down 7.5%

The company has a market cap of $8.61 billion, a P/E ratio of 9.00 and a beta of 0.46. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.54 and a quick ratio of 1.46. The stock’s 50-day moving average is $3.83 and its two-hundred day moving average is $3.78.

ANA (OTCMKTS:ALNPY) last posted its quarterly earnings data on Wednesday, July 29th. The transportation company reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.01. The company had revenue of $4.10 billion during the quarter, compared to analysts’ expectations of $3.98 billion. ANA had a return on equity of 12.15% and a net margin of 6.27%. As a group, equities research analysts predict that ANA Holdings Inc. will post 0.29 earnings per share for the current fiscal year.

ANA Company Profile

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.