ANA (OTCMKTS:ALNPY) Shares Gap Up – Should You Buy?

Shares of ANA Holdings Inc. (OTCMKTS:ALNPY) gapped up before the market opened on Friday . The stock had previously closed at $3.79, but opened at $3.9460. ANA shares last traded at $3.92, with a volume of 1,279 shares traded.

Analysts Set New Price Targets

Separately, Smbc Nikko Sec. upgraded ANA to a “hold” rating in a research report on Friday, February 27th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

ANA Price Performance

The business’s 50-day simple moving average is $4.03 and its two-hundred day simple moving average is $3.94. The stock has a market cap of $9.21 billion, a price-to-earnings ratio of 9.33 and a beta of 0.40. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.59 and a quick ratio of 1.51.

ANA (OTCMKTS:ALNPY) last announced its quarterly earnings results on Friday, January 30th. The transportation company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.02. ANA had a net margin of 6.47% and a return on equity of 12.84%. The company had revenue of $4.45 billion during the quarter, compared to the consensus estimate of $4.38 billion.

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.