ANA (OTCMKTS:ALNPY) Trading Down 8% – Time to Sell?

ANA Holdings Inc. (OTCMKTS:ALNPY – Get Free Report) shares were down 8% during mid-day trading on Wednesday . The company traded as low as $3.81 and last traded at $3.81. Approximately 7,025 shares traded hands during mid-day trading, an increase of 34% from the average daily volume of 5,257 shares. The stock had previously closed at $4.14.

Analysts Set New Price Targets

A number of research firms recently issued reports on ALNPY. Nomura upgraded ANA from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 2nd. Zacks Research upgraded shares of 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 company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

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ANA Stock Down 8.0%

The firm has a 50-day simple moving average of $3.79 and a two-hundred day simple moving average of $3.79. The company has a market cap of $8.88 billion, a PE ratio of 9.29 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 – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The transportation company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.01. ANA had a net margin of 6.27% and a return on equity of 12.15%. The company had revenue of $4.10 billion for the quarter, compared to analysts’ expectations of $3.98 billion. Research analysts anticipate that ANA Holdings Inc. will post 0.29 earnings per share for the current fiscal year.

ANA Company Profile

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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.

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