ANA (OTCMKTS:ALNPY) Share Price Crosses Below 200 Day Moving Average Following Analyst Downgrade

ANA Holdings Inc. (OTCMKTS:ALNPY) shares passed below its 200-day moving average during trading on Thursday after Nomura downgraded the stock from a strong-buy rating to a hold rating. The stock has a 200-day moving average of $3.89 and traded as low as $3.62. ANA shares last traded at $3.62, with a volume of 2,280 shares traded.

Separately, Smbc Nikko Sec. raised shares of ANA to a “hold” rating in a research report on Friday, February 27th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold”.

ANA Price Performance

The firm’s 50-day moving average is $3.95 and its 200-day moving average is $3.89. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.59 and a quick ratio of 1.51. The company has a market capitalization of $8.84 billion, a P/E ratio of 8.95 and a beta of 0.46.

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

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.