ANA (OTCMKTS:ALNPY) Trading Up 8% – Still a Buy?

ANA Holdings Inc. (OTCMKTS:ALNPY) shares rose 8% during mid-day trading on Tuesday . The stock traded as high as $3.90 and last traded at $3.90. Approximately 882 shares were traded during trading, a decline of 90% from the average daily volume of 8,466 shares. The stock had previously closed at $3.61.

Wall Street Analysts Forecast Growth

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, ANA has an average rating of “Hold”.

ANA Stock Performance

The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.51 and a current ratio of 1.59. The company has a market capitalization of $9.17 billion, a P/E ratio of 9.29 and a beta of 0.40. The firm has a 50 day moving average price of $4.02 and a two-hundred day moving average price of $3.93.

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