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

Shares of ANA Holdings Inc. (OTCMKTS:ALNPY) gapped up before the market opened on Friday . The stock had previously closed at $3.78, but opened at $4.0030. ANA shares last traded at $4.0030, with a volume of 179 shares trading hands.

Analyst Ratings Changes

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

ANA Stock Performance

The firm has a 50-day simple moving average of $3.83 and a 200 day simple moving average of $3.78. The company has a market cap of $9.33 billion, a price-to-earnings ratio of 9.76 and a beta of 0.46. The company has a quick ratio of 1.46, a current ratio of 1.48 and a debt-to-equity ratio of 0.73.

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