ANA Holdings Inc. (OTCMKTS:ALNPY) Sees Significant Decrease in Short Interest

ANA Holdings Inc. (OTCMKTS:ALNPYGet Free Report) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 1,561 shares, a drop of 56.5% from the July 15th total of 3,590 shares. Based on an average daily trading volume, of 2,739 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.0% of the shares of the stock are sold short.

ANA Price Performance

Shares of OTCMKTS:ALNPY opened at $3.81 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.46 and a current ratio of 1.54. The business’s fifty day moving average price is $3.75 and its two-hundred day moving average price is $3.80. The stock has a market cap of $8.88 billion, a PE ratio of 9.29 and a beta of 0.46. ANA has a one year low of $3.30 and a one year high of $4.48.

ANA (OTCMKTS:ALNPYGet Free Report) last released its quarterly earnings results on Wednesday, July 29th. The transportation company reported $0.03 earnings per share for the quarter, topping analysts’ consensus estimates of $0.02 by $0.01. ANA had a return on equity of 12.15% and a net margin of 6.27%.The company had revenue of $4.10 billion during the quarter, compared to analysts’ expectations of $3.98 billion. On average, analysts forecast that ANA will post 0.26 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ALNPY. Nomura raised shares of 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 assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

View Our Latest Analysis on ANA

About ANA

(Get Free Report)

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.

Further Reading

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