ANA (OTCMKTS:ALNPY) Shares Gap Up – Should You Buy?

ANA Holdings Inc. (OTCMKTS:ALNPY)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $3.70, but opened at $3.9610. ANA shares last traded at $3.9610, with a volume of 210 shares changing hands.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on ALNPY. Zacks Research upgraded shares of ANA to a “hold” rating in a research note on Wednesday, June 3rd. Nomura raised shares of ANA from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 2nd. One investment 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, ANA currently has a consensus rating of “Moderate Buy”.

ANA Trading Down 4.5%

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’s fifty day moving average price is $3.75 and its two-hundred day moving average price is $3.80. 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 announced its quarterly earnings data on Wednesday, July 29th. The transportation company reported $0.03 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.01. ANA had a net margin of 6.27% and a return on equity of 12.15%. The firm had revenue of $4.10 billion during the quarter, compared to the consensus estimate of $3.98 billion. As a group, sell-side analysts forecast that ANA Holdings Inc. will post 0.26 earnings per share for the current fiscal 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.