ANA (OTCMKTS:ALNPY) Shares Gap Down – Should You Sell?

ANA Holdings Inc. (OTCMKTS:ALNPY) gapped down prior to trading on Thursday . The stock had previously closed at $3.99, but opened at $3.89. ANA shares last traded at $3.89, with a volume of 217 shares trading hands.

Analysts Set New Price Targets

A number of equities analysts have weighed in on ALNPY shares. Zacks Research raised ANA to a “hold” rating in a research report on Wednesday, June 3rd. Nomura raised shares of ANA from a “hold” rating to a “strong-buy” rating in a research report 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’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy”.

ANA Trading Down 4.4%

The business’s 50-day moving average price is $3.88 and its 200 day moving average price is $3.76. The company has a market cap of $9.07 billion, a P/E ratio of 9.49 and a beta of 0.46. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.40 and a current ratio of 1.48.

ANA (OTCMKTS:ALNPY) last issued its earnings results on Wednesday, July 29th. The transportation company reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $3.98 billion. As a group, analysts expect that ANA Holdings Inc. will post 0.29 earnings per share for the current year.

About ANA

ANA Holdings Inc is a Japan-based transportation group best known for its airline operations under the All Nippon Airways (ANA) brand. The company provides scheduled passenger and cargo air transportation, with a network connecting destinations throughout Japan and international markets across Asia, North America, Europe and other regions.

Through its airline businesses, the group offers full-service flights through ANA, value-oriented service through Peach Aviation, and international operations through AirJapan.