ANA (OTCMKTS:ALNPY) Shares Gap Up – Time to Buy?

ANA Holdings Inc. (OTCMKTS:ALNPY)’s share price gapped up before the market opened on Tuesday. The stock had previously closed at $3.65, but opened at $3.86. ANA shares last traded at $3.86, with a volume of 214 shares.

Analyst Ratings Changes

Separately, 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. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

ANA Trading Up 5.2%

The company has a fifty day simple moving average of $3.93 and a two-hundred day simple moving average of $3.77. The company has a current ratio of 1.48, a quick ratio of 1.40 and a debt-to-equity ratio of 0.73. The company has a market cap of $9.00 billion, a PE ratio of 9.41 and a beta of 0.50.

ANA (OTCMKTS:ALNPY) last posted 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. The company had revenue of $4.10 billion for the quarter, compared to analyst estimates of $3.98 billion. ANA had a return on equity of 12.24% and a net margin of 6.27%. 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.