ANA (OTCMKTS:ALNPY) Shares Gap Up – Still a Buy?

ANA Holdings Inc. (OTCMKTS:ALNPY)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $3.60, but opened at $3.85. ANA shares last traded at $3.85, with a volume of 103 shares traded.

Wall Street Analyst Weigh In

ALNPY has been the topic of a number of analyst reports. Zacks Research upgraded ANA to a “hold” rating in a research report on Wednesday, June 3rd. Smbc Nikko Sec. raised ANA to a “hold” rating in a report on Friday, February 27th. Finally, Nomura downgraded shares of ANA from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. Three investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.

ANA Trading Up 7.1%

The company has a market cap of $8.98 billion, a price-to-earnings ratio of 8.75 and a beta of 0.46. The company’s fifty day moving average price is $3.61 and its two-hundred day moving average price is $3.81. The company has a quick ratio of 1.51, a current ratio of 1.59 and a debt-to-equity ratio of 0.69.

ANA (OTCMKTS:ALNPY) last posted its earnings results on Thursday, April 30th. The transportation company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. The company had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.06 billion. ANA had a net margin of 6.65% and a return on equity of 13.79%. 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.