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

ANA Holdings Inc. (OTCMKTS:ALNPY) gapped down prior to trading on Wednesday . The stock had previously closed at $3.90, but opened at $3.70. ANA shares last traded at $3.70, with a volume of 512 shares trading hands.

Analyst Ratings Changes

A number of brokerages have recently weighed in on ALNPY. Zacks Research upgraded ANA to a “hold” rating in a research report on Wednesday, June 3rd. Nomura upgraded ANA from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 2nd. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

ANA Price Performance

The company has a quick ratio of 1.51, a current ratio of 1.59 and a debt-to-equity ratio of 0.69. The company has a market capitalization of $8.63 billion, a PE ratio of 8.41 and a beta of 0.47. The firm’s 50 day simple moving average is $3.61 and its 200 day simple moving average is $3.81.

ANA (OTCMKTS:ALNPY) last released its earnings results on Thursday, April 30th. The transportation company reported $0.09 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $4.15 billion during the quarter, compared to analyst estimates of $4.06 billion. As a group, research analysts anticipate that ANA Holdings Inc. will post 0.26 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.