ANA (OTCMKTS:ALNPY) Shares Gap Up – Should You Buy?

ANA Holdings Inc. (OTCMKTS:ALNPY) gapped up prior to trading on Thursday . The stock had previously closed at $3.74, but opened at $4.14. ANA shares last traded at $4.15, with a volume of 2,184 shares traded.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on ALNPY. Zacks Research upgraded shares of ANA to a “hold” rating in a research report on Wednesday, June 3rd. Nomura raised 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy”.

ANA Stock Performance

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 business’s fifty day moving average price is $3.77 and its 200-day moving average price is $3.79. The stock has a market cap of $9.68 billion, a PE ratio of 10.12 and a beta of 0.46.

ANA (OTCMKTS:ALNPY) last announced its earnings results on Wednesday, July 29th. The transportation company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.01. ANA had a net margin of 6.27% and a return on equity of 12.15%. The business had revenue of $4.10 billion during the quarter, compared to analyst estimates of $3.98 billion. As a group, equities research 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.