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

ANA Holdings Inc. (OTCMKTS:ALNPY)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $3.7626, but opened at $3.94. ANA shares last traded at $3.69, with a volume of 2,238 shares.

Wall Street Analyst Weigh In

ALNPY has been the subject of several recent research reports. Zacks Research upgraded 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 report on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, ANA presently has a consensus rating of “Moderate Buy”.

ANA Price Performance

The firm has a market cap of $8.60 billion, a price-to-earnings ratio of 8.39 and a beta of 0.47. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.46 and a current ratio of 1.54. The business has a 50 day simple moving average of $3.65 and a 200-day simple moving average of $3.80.

ANA (OTCMKTS:ALNPY) last issued its quarterly earnings data on Thursday, April 30th. The transportation company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.07 by $0.02. ANA had a return on equity of 13.20% and a net margin of 6.65%.The firm had revenue of $4.15 billion during the quarter, compared to the consensus estimate of $4.06 billion. Equities research analysts expect that ANA Holdings Inc. will post 0.26 earnings per share 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.