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

ANA Holdings Inc. (OTCMKTS:ALNPY) shares gapped up prior to trading on Monday . The stock had previously closed at $3.53, but opened at $3.72. ANA shares last traded at $3.91, with a volume of 477 shares changing hands.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Nomura upgraded shares of ANA from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 2nd. Zacks Research upgraded shares of ANA to a “hold” rating in a research note on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

ANA Price Performance

The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.46 and a current ratio of 1.54. The stock’s fifty day moving average price is $3.69 and its 200-day moving average price is $3.79. The firm has a market cap of $9.19 billion, a PE ratio of 9.61 and a beta of 0.46.

ANA (OTCMKTS:ALNPY) last released its quarterly earnings data on Wednesday, July 29th. The transportation company reported $0.03 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.01. ANA had a net margin of 6.27% and a return on equity of 12.15%. The firm had revenue of $4.10 billion for the quarter, compared to the consensus estimate of $3.98 billion. As a group, equities analysts forecast that ANA Holdings Inc. will post 0.26 EPS 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.