ANA (OTCMKTS:ALNPY) Shares Climb 9.3% – Time to Buy?

ANA Holdings Inc. (OTCMKTS:ALNPY)’s share price rose 9.3% during trading on Monday. The company traded as high as $3.99 and last traded at $3.99. 494 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 5,783 shares. The stock had previously closed at $3.65.

Analyst Ratings Changes

Separately, Nomura raised ANA from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, ANA presently has a consensus rating of “Moderate Buy”.

ANA Trading Up 4.9%

The company has a quick ratio of 1.40, a current ratio of 1.48 and a debt-to-equity ratio of 0.73. The firm’s 50 day simple moving average is $3.94 and its 200-day simple moving average is $3.77. The company has a market capitalization of $8.93 billion, a PE ratio of 9.34 and a beta of 0.50.

ANA (OTCMKTS:ALNPY) last released 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. ANA had a net margin of 6.27% and a return on equity of 12.24%. The company had revenue of $4.10 billion during the quarter, compared to analyst estimates of $3.98 billion. As a group, equities research analysts anticipate that ANA Holdings Inc. will post 0.29 EPS for the current year.

ANA Company Profile

ANA Holdings Inc is a Japanese aviation group best known for operating All Nippon Airways (ANA), one of Japan’s largest airlines. Through its airline businesses, the group provides scheduled passenger and cargo transportation on domestic and international routes, connecting Japan with destinations across Asia, North America, Europe and other regions.

The group’s businesses also include Air Japan, an international airline serving select leisure and business markets, and Peach Aviation, a low-cost carrier focused primarily on domestic and short-haul international travel.