ANA (OTCMKTS:ALNPY) Shares Gap Down – Here’s What Happened

ANA Holdings Inc. (OTCMKTS:ALNPY)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $3.7450, but opened at $3.62. ANA shares last traded at $3.78, with a volume of 674 shares traded.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Smbc Nikko Sec. upgraded ANA to a “hold” rating in a report on Friday, February 27th. Nomura downgraded ANA from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 15th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, ANA currently has an average rating of “Hold”.

ANA Price Performance

The stock has a fifty day simple moving average of $3.92 and a 200-day simple moving average of $3.89. The company has a market capitalization of $9.09 billion, a PE ratio of 9.29 and a beta of 0.46. The company has a current ratio of 1.59, a quick ratio of 1.51 and a debt-to-equity ratio of 0.69.

ANA (OTCMKTS:ALNPY) last issued its earnings results on Friday, January 30th. The transportation company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.02. The business had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.38 billion. ANA had a return on equity of 12.84% and a net margin of 6.47%.

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.