ANA (OTCMKTS:ALNPY) Shares Gap Down – Here’s What Happened

ANA Holdings Inc. (OTCMKTS:ALNPY) gapped down before the market opened on Wednesday . The stock had previously closed at $4.02, but opened at $3.78. ANA shares last traded at $3.78, with a volume of 83,588 shares traded.

Analyst Upgrades and Downgrades

ALNPY has been the subject of several analyst reports. Zacks Research upgraded shares of ANA to a “hold” rating in a report on Wednesday, June 3rd. Nomura raised shares of ANA from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

ANA Trading Up 0.5%

The stock has a market capitalization of $8.81 billion, a P/E ratio of 9.22 and a beta of 0.46. The stock’s fifty day moving average price is $3.85 and its 200 day moving average price is $3.77. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.48 and a quick ratio of 1.40.

ANA (OTCMKTS:ALNPY) last released its quarterly earnings data on Wednesday, July 29th. The transportation company reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.01. ANA had a net margin of 6.27% and a return on equity of 12.24%. The company had revenue of $4.10 billion during the quarter, compared to analysts’ expectations of $3.98 billion. Research analysts forecast 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.