ANA (OTCMKTS:ALNPY) Shares Gap Up – Time to Buy?

ANA Holdings Inc. (OTCMKTS:ALNPY) gapped up before the market opened on Wednesday . The stock had previously closed at $3.60, but opened at $3.85. ANA shares last traded at $3.85, with a volume of 607 shares traded.

Wall Street Analysts Forecast Growth

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

ANA Stock Up 6.9%

The firm has a market capitalization of $9.05 billion, a PE ratio of 9.17 and a beta of 0.40. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.59 and a quick ratio of 1.51. The company’s fifty day simple moving average is $3.98 and its 200-day simple moving average is $3.91.

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

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.