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

ANA Holdings Inc. (OTCMKTS:ALNPY) gapped up before the market opened on Wednesday . The stock had previously closed at $3.60, but opened at $3.85. ANA shares last traded at $3.85, with a volume of 103 shares traded.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Zacks Research upgraded ANA to a “hold” rating in a research report on Wednesday, June 3rd. Smbc Nikko Sec. upgraded shares of ANA to a “hold” rating in a report on Friday, February 27th. Finally, Nomura lowered shares of ANA from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

ANA Stock Performance

The firm has a market cap of $8.37 billion, a price-to-earnings ratio of 8.16 and a beta of 0.46. The stock has a 50-day moving average of $3.60 and a 200-day moving average of $3.81. 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 released 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. ANA had a return on equity of 13.79% and a net margin of 6.65%.The firm had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.06 billion. As a group, analysts anticipate that ANA Holdings Inc. will post 0.26 EPS 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.