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

ANA Holdings Inc. (OTCMKTS:ALNPY)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $3.79, but opened at $3.63. ANA shares last traded at $3.63, with a volume of 1,123 shares traded.

Wall Street Analyst Weigh In

A number of research firms have weighed in on ALNPY. Nomura cut shares of ANA from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 15th. Zacks Research upgraded ANA to a “hold” rating in a research report on Wednesday, June 3rd. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, ANA currently has an average rating of “Hold”.

ANA Trading Up 3.8%

The stock has a market cap of $8.65 billion, a price-to-earnings ratio of 8.43 and a beta of 0.47. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.51 and a current ratio of 1.59. The company has a 50 day moving average of $3.60 and a 200-day moving average of $3.81.

ANA (OTCMKTS:ALNPY) last posted its quarterly earnings data on Thursday, April 30th. The transportation company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.07 by $0.02. ANA had a net margin of 6.65% and a return on equity of 13.79%. The business had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.06 billion. On average, research analysts anticipate that ANA Holdings Inc. will post 0.26 earnings per share for the current 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.