Nomura Downgrades ANA (OTCMKTS:ALNPY) to Hold

ANA (OTCMKTS:ALNPY) was downgraded by investment analysts at Nomura from a “strong-buy” rating to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Separately, Smbc Nikko Sec. raised shares of ANA to a “hold” rating in a research note on Friday, February 27th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, ANA has a consensus rating of “Hold”.

ANA Trading Up 2.8%

Shares of OTCMKTS ALNPY traded up $0.10 during trading on Wednesday, hitting $3.76. 208 shares of the company were exchanged, compared to its average volume of 7,714. ANA has a 12-month low of $3.40 and a 12-month high of $4.48. 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 company has a fifty day moving average price of $3.95 and a 200-day moving average price of $3.89. The firm has a market capitalization of $8.84 billion, a PE ratio of 8.95 and a beta of 0.46.

ANA (OTCMKTS:ALNPY) last posted its quarterly earnings results on Friday, January 30th. The transportation company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.14 by $0.02. ANA had a return on equity of 12.84% and a net margin of 6.47%.The business had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.38 billion.

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.