ANA (OTCMKTS:ALNPY) Trading Up 8.5% – Here’s What Happened

ANA Holdings Inc. (OTCMKTS:ALNPYGet Free Report) rose 8.5% during trading on Tuesday . The company traded as high as $4.10 and last traded at $4.10. Approximately 175 shares traded hands during trading, a decline of 97% from the average daily volume of 5,267 shares. The stock had previously closed at $3.78.

Analyst Ratings Changes

A number of research firms have issued reports on ALNPY. Nomura upgraded shares of ANA from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 2nd. Zacks Research upgraded ANA to a “hold” rating in a research note on Wednesday, June 3rd. One 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, the stock currently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Stock Report on ALNPY

ANA Stock Performance

The stock’s 50 day simple moving average is $3.78 and its two-hundred day simple moving average is $3.79. The company has a market capitalization of $9.56 billion, a P/E ratio of 10.00 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:ALNPYGet Free Report) last released its quarterly earnings results on Wednesday, July 29th. The transportation company reported $0.03 EPS for the quarter, beating the consensus estimate of $0.02 by $0.01. The business had revenue of $4.10 billion for the quarter, compared to analysts’ expectations of $3.98 billion. ANA had a net margin of 6.27% and a return on equity of 12.15%. As a group, research analysts expect that ANA Holdings Inc. will post 0.26 earnings per share for the current year.

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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