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

ANA Holdings Inc. (OTCMKTS:ALNPY)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $3.74, but opened at $3.46. ANA shares last traded at $3.46, with a volume of 2,342 shares.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Nomura cut shares of ANA from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 15th. Smbc Nikko Sec. upgraded shares of ANA to a “hold” rating in a research report on Friday, February 27th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

ANA Price Performance

The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.51 and a current ratio of 1.59. The firm has a market capitalization of $8.16 billion, a P/E ratio of 7.95 and a beta of 0.46. The company has a 50-day moving average price of $3.78 and a 200-day moving average price of $3.87.

ANA (OTCMKTS:ALNPY) last announced its quarterly earnings results on Thursday, April 30th. The transportation company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.02. The company had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.06 billion. ANA had a net margin of 6.65% and a return on equity of 13.79%.

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.