ANA (OTCMKTS:ALNPY) Shares Gap Down – Here’s What Happened

Shares of ANA Holdings Inc. (OTCMKTS:ALNPY) gapped down before the market opened on Wednesday. The stock had previously closed at $3.83, but opened at $3.61. ANA shares last traded at $3.72, with a volume of 496 shares traded.

Analyst Upgrades and Downgrades

Separately, Nomura raised ANA from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, ANA presently has an average rating of “Moderate Buy”.

ANA Stock 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 firm has a market capitalization of $8.42 billion, a price-to-earnings ratio of 8.81 and a beta of 0.50. The business’s 50-day moving average price is $3.90 and its 200 day moving average price is $3.77.

ANA (OTCMKTS:ALNPY) last posted its quarterly earnings results on Wednesday, July 29th. The transportation company reported $0.03 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $4.10 billion for the quarter, compared to analysts’ expectations of $3.98 billion. On average, equities analysts forecast that ANA Holdings Inc. will post 0.29 earnings per share for the current fiscal year.

ANA Company Profile

ANA Holdings, Inc is a Japanese transportation and travel-services group best known for All Nippon Airways (ANA), one of Japan’s largest airlines. Through its airline businesses, the group provides scheduled passenger and cargo transportation, as well as related services such as airport operations, aircraft maintenance and travel arrangements.

ANA operates an extensive domestic network in Japan and serves international destinations across Asia, North America, Europe and other regions. The group also includes aviation businesses serving different customer segments, including Peach Aviation, a low-cost carrier, and AirJapan, an international airline brand.