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

Shares of ANA Holdings Inc. (OTCMKTS:ALNPY) gapped up before the market opened on Monday . The stock had previously closed at $3.7626, but opened at $3.94. ANA shares last traded at $3.69, with a volume of 2,238 shares.

Analyst Ratings Changes

Several analysts have recently issued reports on ALNPY shares. Zacks Research raised shares of ANA to a “hold” rating in a research report on Wednesday, June 3rd. Nomura upgraded ANA from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

ANA Stock Down 1.9%

The company’s 50 day simple moving average is $3.65 and its 200-day simple moving average is $3.80. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.46 and a current ratio of 1.54. The firm has a market capitalization of $8.60 billion, a PE ratio of 8.39 and a beta of 0.47.

ANA (OTCMKTS:ALNPY) last released its quarterly earnings results on Thursday, April 30th. The transportation company reported $0.09 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. ANA had a net margin of 6.65% and a return on equity of 13.20%. The firm had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.06 billion. On average, analysts forecast that ANA Holdings Inc. will post 0.26 EPS for the current fiscal year.

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.