ANA (OTCMKTS:ALNPY) Shares Gap Up – Here’s Why

Shares of ANA Holdings Inc. (OTCMKTS:ALNPY) gapped up prior to trading on Thursday . The stock had previously closed at $3.5755, but opened at $3.79. ANA shares last traded at $3.79, with a volume of 915 shares trading hands.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Nomura cut shares of ANA from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. Zacks Research raised shares of ANA to a “hold” rating in a research report on Wednesday, June 3rd. Three research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold”.

ANA Stock Performance

The stock’s fifty day simple moving average is $3.60 and its two-hundred day simple moving average is $3.81. The company has a market cap of $9.00 billion, a price-to-earnings ratio of 8.77 and a beta of 0.47. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.51 and a current ratio of 1.59.

ANA (OTCMKTS:ALNPY) last released its quarterly earnings data on Thursday, April 30th. The transportation company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. The business had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.06 billion. ANA had a return on equity of 13.79% and a net margin of 6.65%. Equities research analysts anticipate that ANA Holdings Inc. will post 0.26 EPS for the current year.

About ANA

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.