ANA (OTCMKTS:ALNPY) Posts Quarterly Earnings Results

ANA (OTCMKTS:ALNPY) released its quarterly earnings results on Wednesday. The transportation company reported $0.03 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.01, Zacks reports. ANA had a return on equity of 13.20% and a net margin of 6.65%.

ANA Stock Performance

OTCMKTS:ALNPY remained flat at $3.88 during mid-day trading on Wednesday. The company had a trading volume of 6,697 shares, compared to its average volume of 1,210. The company has a quick ratio of 1.46, a current ratio of 1.54 and a debt-to-equity ratio of 0.65. The business’s fifty day moving average price is $3.67 and its two-hundred day moving average price is $3.80. ANA has a 1 year low of $3.30 and a 1 year high of $4.48. The company has a market cap of $9.05 billion, a price-to-earnings ratio of 8.82 and a beta of 0.47.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on ALNPY. Zacks Research upgraded ANA to a “hold” rating in a research report on Wednesday, June 3rd. Nomura raised shares of ANA from a “hold” rating to a “strong-buy” rating in a research note 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 company. Based on data from MarketBeat, ANA presently has a consensus rating of “Moderate Buy”.

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.