ANA (OTCMKTS:ALNPY) Shares Gap Down – What’s Next?

ANA Holdings Inc. (OTCMKTS:ALNPY)’s share price gapped down before the market opened 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.

Analyst Upgrades and Downgrades

A number of brokerages have commented on ALNPY. Zacks Research upgraded shares of ANA to a “hold” rating in a report on Wednesday, June 3rd. Nomura upgraded 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 assigned a Hold rating to the stock. According to data from MarketBeat.com, ANA has a consensus rating of “Moderate Buy”.

ANA Stock Performance

The stock has a 50-day simple moving average of $3.84 and a 200-day simple moving average of $3.78. The company has a market capitalization of $9.37 billion, a price-to-earnings ratio of 9.81 and a beta of 0.46. The company has a current ratio of 1.48, a quick ratio of 1.46 and a debt-to-equity ratio of 0.73.

ANA (OTCMKTS:ALNPY) 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. The business had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $3.98 billion. ANA had a net margin of 6.27% and a return on equity of 12.24%. On average, analysts anticipate that ANA Holdings Inc. will post 0.29 earnings per share for the current year.

ANA Company Profile

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.