ANA (OTCMKTS:ALNPY) Stock Price Up 8.5% – Time to Buy?

ANA Holdings Inc. (OTCMKTS:ALNPY)’s share price traded up 8.5% during trading on Tuesday . The stock traded as high as $4.10 and last traded at $4.10. 175 shares were traded during mid-day trading, a decline of 97% from the average session volume of 5,267 shares. The stock had previously closed at $3.78.

Wall Street Analyst Weigh In

ALNPY has been the subject of several recent analyst reports. Nomura upgraded ANA from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 2nd. Zacks Research upgraded shares of ANA to a “hold” rating in a research report on Wednesday, June 3rd. One investment 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 stock presently has a consensus rating of “Moderate Buy”.

ANA Price Performance

The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.46 and a current ratio of 1.54. The firm has a fifty day simple moving average of $3.79 and a two-hundred day simple moving average of $3.79. The firm has a market cap of $8.88 billion, a PE ratio of 9.29 and a beta of 0.46.

ANA (OTCMKTS:ALNPY) last issued its quarterly earnings data on Wednesday, July 29th. The transportation company reported $0.03 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.01. ANA had a return on equity of 12.15% and a net margin of 6.27%.The business had revenue of $4.10 billion for the quarter, compared to analysts’ expectations of $3.98 billion. Equities analysts predict that ANA Holdings Inc. will post 0.29 EPS for the current fiscal year.

About ANA

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.