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

ANA Holdings Inc. (OTCMKTS:ALNPY)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $3.46, but opened at $3.64. ANA shares last traded at $3.54, with a volume of 380 shares.

Analyst Upgrades and Downgrades

ALNPY has been the topic of several research reports. Nomura cut shares of ANA from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 15th. Smbc Nikko Sec. upgraded shares of ANA to a “hold” rating in a research report on Friday, February 27th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

ANA Price Performance

The stock has a 50 day moving average of $3.68 and a two-hundred day moving average of $3.85. The stock has a market cap of $8.16 billion, a PE ratio of 7.95 and a beta of 0.46. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.51 and a current ratio of 1.59.

ANA (OTCMKTS:ALNPY) last issued its quarterly earnings results on Thursday, April 30th. The transportation company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. The firm had revenue of $4.15 billion for the quarter, compared to analysts’ expectations of $4.06 billion. ANA had a return on equity of 13.79% and a net margin of 6.65%.

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.