ANA (OTCMKTS:ALNPY) Shares Gap Down – What’s Next?

Shares of ANA Holdings Inc. (OTCMKTS:ALNPY) gapped down before the market opened on Tuesday . The stock had previously closed at $3.77, but opened at $3.60. ANA shares last traded at $3.60, with a volume of 51,450 shares traded.

Analyst Upgrades and Downgrades

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

ANA Stock Performance

The firm has a fifty day simple moving average of $3.99 and a 200-day simple moving average of $3.91. The company has a market cap of $8.65 billion, a PE ratio of 8.76 and a beta of 0.40. The company has a quick ratio of 1.51, a current ratio of 1.59 and a debt-to-equity ratio of 0.69.

ANA (OTCMKTS:ALNPY) last posted its earnings results on Friday, January 30th. The transportation company reported $0.16 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.02. The business had revenue of $4.45 billion during 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%.

ANA Company Profile

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.