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

ANA Holdings Inc. (OTCMKTS:ALNPY) gapped up before the market opened on Tuesday. The stock had previously closed at $3.65, but opened at $3.86. ANA shares last traded at $3.86, with a volume of 214 shares.

Wall Street Analysts Forecast Growth

Separately, Nomura upgraded shares of 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 stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy”.

ANA Trading Down 0.3%

The company has a quick ratio of 1.40, a current ratio of 1.48 and a debt-to-equity ratio of 0.73. The company’s fifty day moving average price is $3.92 and its two-hundred day moving average price is $3.77. The firm has a market cap of $8.39 billion, a PE ratio of 8.60 and a beta of 0.50.

ANA (OTCMKTS:ALNPY) last posted its quarterly earnings results on Wednesday, July 29th. The transportation company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.01. The firm had revenue of $4.10 billion during the quarter, compared to analysts’ expectations of $3.98 billion. ANA had a net margin of 6.27% and a return on equity of 12.24%. As a group, sell-side analysts forecast that ANA Holdings Inc. will post 0.29 earnings per share for the current fiscal year.

ANA Company Profile

ANA Holdings Inc is a Japanese aviation group best known for operating All Nippon Airways (ANA), one of Japan’s largest airlines. Through its airline businesses, the group provides scheduled passenger and cargo transportation on domestic and international routes, connecting Japan with destinations across Asia, North America, Europe and other regions.

The group’s businesses also include Air Japan, an international airline serving select leisure and business markets, and Peach Aviation, a low-cost carrier focused primarily on domestic and short-haul international travel.