ANA (OTCMKTS:ALNPY) Shares Gap Up – Should You Buy?

ANA Holdings Inc. (OTCMKTS:ALNPY)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $3.70, but opened at $3.9610. ANA shares last traded at $3.9610, with a volume of 210 shares.

Analyst Ratings Changes

Several brokerages recently issued reports on ALNPY. Nomura raised ANA from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 2nd. Zacks Research upgraded ANA to a “hold” rating in a research report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, ANA has an average rating of “Moderate Buy”.

ANA Stock Performance

The company’s 50-day moving average price is $3.74 and its two-hundred day moving average price is $3.79. The company has a market capitalization of $9.24 billion, a price-to-earnings ratio of 9.66 and a beta of 0.46. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.54 and a quick ratio of 1.46.

ANA (OTCMKTS:ALNPY) last issued its quarterly earnings results on Wednesday, July 29th. The transportation company reported $0.03 EPS for the quarter, beating 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 business had revenue of $4.10 billion for the quarter, compared to analysts’ expectations of $3.98 billion. On average, equities research analysts anticipate 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.