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

ANA Holdings Inc. (OTCMKTS:ALNPY)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $3.76, but opened at $4.07. ANA shares last traded at $4.10, with a volume of 347 shares.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on ALNPY shares. Nomura raised shares of ANA from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 2nd. Zacks Research raised ANA to a “hold” rating in a research report on Wednesday, June 3rd. One 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, the stock currently has an average rating of “Moderate Buy”.

ANA Stock Performance

The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.40 and a current ratio of 1.48. The firm has a market capitalization of $9.01 billion, a price-to-earnings ratio of 9.43 and a beta of 0.46. The company has a fifty day moving average of $3.86 and a two-hundred day moving average of $3.77.

ANA (OTCMKTS:ALNPY) last issued its quarterly earnings data on Wednesday, July 29th. The transportation company reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.01. ANA had a net margin of 6.27% and a return on equity of 12.24%. The business had revenue of $4.10 billion during the quarter, compared to analysts’ expectations of $3.98 billion. As a group, equities research analysts predict that ANA Holdings Inc. will post 0.29 earnings per share for the current fiscal 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.