ANA (OTCMKTS:ALNPY) Shares Gap Down – Should You Sell?

ANA Holdings Inc. (OTCMKTS:ALNPY) gapped down prior to trading on Monday. The stock had previously closed at $4.06, but opened at $3.60. ANA shares last traded at $3.60, with a volume of 107 shares traded.

Analysts Set New Price Targets

ALNPY has been the subject of several recent analyst reports. Zacks Research raised 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 analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, ANA presently has an average rating of “Moderate Buy”.

ANA Stock Performance

The company has a debt-to-equity ratio of 0.73, a current ratio of 1.48 and a quick ratio of 1.40. The firm has a market cap of $8.65 billion, a P/E ratio of 9.05 and a beta of 0.46. The stock’s 50 day moving average is $3.91 and its two-hundred day moving average is $3.76.

ANA (OTCMKTS:ALNPY) last released its quarterly earnings data on Wednesday, July 29th. The transportation company reported $0.03 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.01. The company had revenue of $4.10 billion for the quarter, compared to analyst estimates of $3.98 billion. ANA had a return on equity of 12.24% and a net margin of 6.27%. As a group, equities analysts predict that ANA Holdings Inc. will post 0.29 EPS for the current year.

About ANA

ANA Holdings Inc is a Japan-based transportation group best known for its airline operations under the All Nippon Airways (ANA) brand. The company provides scheduled passenger and cargo air transportation, with a network connecting destinations throughout Japan and international markets across Asia, North America, Europe and other regions.

Through its airline businesses, the group offers full-service flights through ANA, value-oriented service through Peach Aviation, and international operations through AirJapan.