ANA (OTCMKTS:ALNPY) Shares Gap Down – Should You Sell?

ANA Holdings Inc. (OTCMKTS:ALNPY) gapped down prior to trading on Tuesday . The stock had previously closed at $3.79, but opened at $3.63. ANA shares last traded at $3.63, with a volume of 1,123 shares.

Analysts Set New Price Targets

ALNPY has been the subject of a number of recent analyst reports. Nomura lowered shares of ANA from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Zacks Research raised shares of ANA to a “hold” rating in a report on Wednesday, June 3rd. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, ANA presently has an average rating of “Hold”.

ANA Price Performance

The business has a 50-day simple moving average of $3.61 and a 200 day simple moving average of $3.81. The firm has a market cap of $8.46 billion, a P/E ratio of 8.25 and a beta of 0.46. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.51 and a current ratio of 1.59.

ANA (OTCMKTS:ALNPY) last released its quarterly earnings data on Thursday, April 30th. The transportation company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.02. The business had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.06 billion. ANA had a return on equity of 13.79% and a net margin of 6.65%. On average, analysts anticipate that ANA Holdings Inc. will post 0.26 earnings per share for the current fiscal year.

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.