ANA (OTCMKTS:ALNPY) Downgraded by Nomura to “Hold”

Nomura downgraded shares of ANA (OTCMKTS:ALNPY) from a strong-buy rating to a hold rating in a report issued on Wednesday,Zacks.com reports.

Separately, Smbc Nikko Sec. upgraded shares of ANA to a “hold” rating in a research note on Friday, February 27th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of “Hold”.

ANA Stock Performance

ANA stock remained flat at $3.62 during trading on Wednesday. 2,280 shares of the company were exchanged, compared to its average volume of 5,298. ANA has a 52-week low of $3.40 and a 52-week high of $4.48. The company has a quick ratio of 1.51, a current ratio of 1.59 and a debt-to-equity ratio of 0.69. The business’s 50-day moving average price is $3.95 and its 200 day moving average price is $3.89. The stock has a market capitalization of $8.51 billion, a price-to-earnings ratio of 8.62 and a beta of 0.46.

ANA (OTCMKTS:ALNPY) last announced its quarterly earnings results on Friday, January 30th. The transportation company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.14 by $0.02. ANA had a return on equity of 12.84% and a net margin of 6.47%.The company had revenue of $4.45 billion during the quarter, compared to analyst estimates of $4.38 billion.

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.