ANA (OTCMKTS:ALNPY) Stock Price Down 4.6% – Here’s What Happened

ANA Holdings Inc. (OTCMKTS:ALNPY)’s stock price was down 4.6% during mid-day trading on Monday . The stock traded as low as $3.8810 and last traded at $3.8810. 252 shares were traded during trading, a decline of 96% from the average daily volume of 6,214 shares. The stock had previously closed at $4.07.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the stock. Zacks Research upgraded shares of ANA to a “hold” rating in a research note on Wednesday, June 3rd. Nomura raised ANA from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to MarketBeat, ANA currently has a consensus rating of “Moderate Buy”.

ANA Price Performance

The company has a debt-to-equity ratio of 0.73, a current ratio of 1.48 and a quick ratio of 1.40. The stock’s 50 day simple moving average is $3.90 and its two-hundred day simple moving average is $3.76. The stock has a market cap of $9.47 billion, a price-to-earnings ratio of 9.90 and a beta of 0.46.

ANA (OTCMKTS:ALNPY) last announced its quarterly earnings data on Wednesday, July 29th. The transportation company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.01. The company had revenue of $4.10 billion during the quarter, compared to analysts’ expectations of $3.98 billion. ANA had a net margin of 6.27% and a return on equity of 12.24%. On average, analysts forecast that ANA Holdings Inc. will post 0.29 earnings per share for the current fiscal year.

About ANA

ANA Holdings Inc is a Japan-based transportation group best known for its airline operations under the All Nippon Airways (ANA) brand. The company provides scheduled passenger and cargo air transportation, with a network connecting destinations throughout Japan and international markets across Asia, North America, Europe and other regions.

Through its airline businesses, the group offers full-service flights through ANA, value-oriented service through Peach Aviation, and international operations through AirJapan.