ANA (OTCMKTS:ALNPY) Shares Gap Up – Still a Buy?

ANA Holdings Inc. (OTCMKTS:ALNPY)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $3.76, but opened at $4.07. ANA shares last traded at $4.10, with a volume of 347 shares changing hands.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on ALNPY. Nomura upgraded ANA from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 2nd. Zacks Research raised shares of ANA to a “hold” rating in a research note on Wednesday, June 3rd. One investment analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy”.

ANA Price Performance

The firm has a market cap of $9.01 billion, a P/E ratio of 9.43 and a beta of 0.46. 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 business’s 50 day moving average is $3.86 and its two-hundred day moving average is $3.77.

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