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

ANA Holdings Inc. (OTCMKTS:ALNPY) shares gapped up before the market opened on Tuesday. The stock had previously closed at $3.65, but opened at $3.86. ANA shares last traded at $3.86, with a volume of 214 shares trading hands.

Analysts Set New Price Targets

Separately, Nomura raised shares of ANA from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, ANA currently has a consensus rating of “Moderate Buy”.

ANA Trading Up 5.2%

The company has a 50 day moving average of $3.93 and a 200-day moving average of $3.77. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.40 and a current ratio of 1.48. The stock has a market cap of $9.00 billion, a price-to-earnings ratio of 9.41 and a beta of 0.50.

ANA (OTCMKTS:ALNPY) last released its earnings results on Wednesday, July 29th. The transportation company reported $0.03 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.01. The company had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $3.98 billion. ANA had a return on equity of 12.24% and a net margin of 6.27%. On average, research analysts anticipate that ANA Holdings Inc. will post 0.29 earnings per share for the current year.

ANA Company Profile

ANA Holdings Inc is a Japanese aviation group best known for operating All Nippon Airways (ANA), one of Japan’s largest airlines. Through its airline businesses, the group provides scheduled passenger and cargo transportation on domestic and international routes, connecting Japan with destinations across Asia, North America, Europe and other regions.

The group’s businesses also include Air Japan, an international airline serving select leisure and business markets, and Peach Aviation, a low-cost carrier focused primarily on domestic and short-haul international travel.