ANA (OTCMKTS:ALNPY) Shares Gap Down – Time to Sell?

ANA Holdings Inc. (OTCMKTS:ALNPY) shares gapped down before the market opened on Wednesday . The stock had previously closed at $4.02, but opened at $3.78. ANA shares last traded at $3.78, with a volume of 83,588 shares changing hands.

Analyst Upgrades and Downgrades

ALNPY has been the topic of a number of research analyst reports. Zacks Research upgraded shares of 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 investment 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, the company currently has a consensus rating of “Moderate Buy”.

ANA Stock Performance

The company has a market cap of $9.19 billion, a P/E ratio of 9.61 and a beta of 0.46. 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 business has a fifty day simple moving average of $3.86 and a two-hundred day simple moving average of $3.77.

ANA (OTCMKTS:ALNPY) last released its quarterly 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 return on equity of 12.24% and a net margin of 6.27%.The business had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $3.98 billion. On average, sell-side analysts anticipate that ANA Holdings Inc. will post 0.29 EPS for the current year.

ANA Company Profile

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.