ANA Holdings Inc. (OTCMKTS:ALNPY) Sees Large Decline in Short Interest

ANA Holdings Inc. (OTCMKTS:ALNPY) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 3,590 shares, a decline of 50.5% from the June 30th total of 7,252 shares. Based on an average daily volume of 3,219 shares, the short-interest ratio is presently 1.1 days. Currently, 0.0% of the shares of the stock are sold short.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Zacks Research raised 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 research note on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, ANA has a consensus rating of “Moderate Buy”.

ANA Stock Performance

Shares of OTCMKTS ALNPY opened at $3.91 on Tuesday. ANA has a 12 month low of $3.30 and a 12 month high of $4.48. The company has a market cap of $9.12 billion, a price-to-earnings ratio of 8.89 and a beta of 0.47. The company has a quick ratio of 1.46, a current ratio of 1.54 and a debt-to-equity ratio of 0.65. The business has a fifty day simple moving average of $3.67 and a 200-day simple moving average of $3.80.

ANA (OTCMKTS:ALNPY) last announced its earnings results on Thursday, April 30th. The transportation company reported $0.09 EPS for the quarter, topping the consensus estimate 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 13.20%. Sell-side analysts predict that ANA will post 0.26 EPS for the current year.

ANA Company Profile

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.