ANA (OTCMKTS:ALNPY) Shares Gap Up – Here’s Why

ANA Holdings Inc. (OTCMKTS:ALNPY) shares gapped up prior to trading on Monday . The stock had previously closed at $3.7626, but opened at $3.94. ANA shares last traded at $3.69, with a volume of 2,238 shares traded.

Analyst Ratings Changes

A number of brokerages have recently commented on ALNPY. Zacks Research raised ANA to a “hold” rating in a research note on Wednesday, June 3rd. 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 assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy”.

ANA Trading Up 6.1%

The company has a quick ratio of 1.46, a current ratio of 1.54 and a debt-to-equity ratio of 0.65. The company has a market cap of $8.49 billion, a price-to-earnings ratio of 8.27 and a beta of 0.47. The firm has a 50 day moving average price of $3.65 and a two-hundred day moving average price of $3.80.

ANA (OTCMKTS:ALNPY) last posted its quarterly earnings data on Thursday, April 30th. The transportation company reported $0.09 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. The company had revenue of $4.15 billion for the quarter, compared to analyst estimates of $4.06 billion. ANA had a return on equity of 13.20% and a net margin of 6.65%. As a group, equities analysts forecast that ANA Holdings Inc. will post 0.26 earnings per share for the current 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.