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

ANA Holdings Inc. (OTCMKTS:ALNPY) shares 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 traded.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on ALNPY. Nomura upgraded ANA from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 2nd. Zacks Research raised shares of ANA to a “hold” rating in a report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, ANA currently has an average rating of “Moderate Buy”.

ANA Trading Up 7.1%

The company has a market capitalization of $9.24 billion, a PE ratio of 9.66 and a beta of 0.46. The company has a current ratio of 1.54, a quick ratio of 1.46 and a debt-to-equity ratio of 0.65. The stock has a fifty day moving average of $3.74 and a two-hundred day moving average of $3.79.

ANA (OTCMKTS:ALNPY) last released its earnings results on Wednesday, July 29th. The transportation company reported $0.03 EPS for the quarter, beating the consensus estimate of $0.02 by $0.01. ANA had a net margin of 6.27% and a return on equity of 12.15%. The company had revenue of $4.10 billion for the quarter, compared to analyst estimates of $3.98 billion. As a group, sell-side analysts anticipate that ANA Holdings Inc. will post 0.26 earnings per share 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.