ANA (OTCMKTS:ALNPY) Shares Gap Down – Here’s Why

ANA Holdings Inc. (OTCMKTS:ALNPY) shares gapped down prior to trading on Thursday . The stock had previously closed at $3.95, but opened at $3.75. ANA shares last traded at $3.75, with a volume of 1,262 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Smbc Nikko Sec. upgraded ANA to a “hold” rating in a research report on Friday, February 27th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

ANA Price Performance

The firm has a market cap of $8.95 billion, a price-to-earnings ratio of 9.07 and a beta of 0.46. The company has a current ratio of 1.59, a quick ratio of 1.51 and a debt-to-equity ratio of 0.69. The company has a 50 day moving average of $3.99 and a 200 day moving average of $3.90.

ANA (OTCMKTS:ALNPY) last issued its quarterly earnings data on Friday, January 30th. The transportation company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.14 by $0.02. The business had revenue of $4.45 billion for the quarter, compared to the consensus estimate of $4.38 billion. ANA had a return on equity of 12.84% and a net margin of 6.47%.

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.