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

Shares of ANA Holdings Inc. (OTCMKTS:ALNPY) gapped down prior to trading on Friday . The stock had previously closed at $3.78, but opened at $3.64. ANA shares last traded at $3.64, with a volume of 226 shares changing hands.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Nomura raised shares of ANA from a “hold” rating to a “strong-buy” rating in a research report on Thursday, July 2nd. Zacks Research raised ANA to a “hold” rating in a research report on Wednesday, June 3rd. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

ANA Stock Performance

The company has a market cap of $8.49 billion, a price-to-earnings ratio of 8.27 and a beta of 0.47. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.54 and a quick ratio of 1.46. The firm has a fifty day simple moving average of $3.66 and a 200 day simple moving average of $3.80.

ANA (OTCMKTS:ALNPY) last issued its quarterly earnings data on Thursday, April 30th. The transportation company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. The business had revenue of $4.15 billion during the quarter, compared to analysts’ expectations of $4.06 billion. ANA had a net margin of 6.65% and a return on equity of 13.20%. On average, sell-side analysts expect 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.