ANA (OTCMKTS:ALNPY) Shares Gap Down – Time to Sell?

ANA Holdings Inc. (OTCMKTS:ALNPYGet Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $4.06, but opened at $3.6910. ANA shares last traded at $3.6910, with a volume of 196 shares changing hands.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on ALNPY. Zacks Research raised ANA to a “hold” rating in a research note on Wednesday, June 3rd. Nomura upgraded shares of ANA from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 2nd. One investment 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 presently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Research Report on ALNPY

ANA Price Performance

The stock has a market cap of $8.61 billion, a PE ratio of 9.00 and a beta of 0.46. The business has a 50 day moving average price of $3.83 and a two-hundred day moving average price of $3.78. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.46 and a current ratio of 1.54.

ANA (OTCMKTS:ALNPYGet Free Report) last released its earnings results on Wednesday, July 29th. The transportation company reported $0.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.01. The business had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $3.98 billion. ANA had a return on equity of 12.15% and a net margin of 6.27%. Research analysts expect that ANA Holdings Inc. will post 0.29 earnings per share for the current fiscal 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.

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