ANA (OTCMKTS:ALNPY) Sets New 52-Week Low – Here’s Why

ANA Holdings Inc. (OTCMKTS:ALNPY)’s share price hit a new 52-week low during trading on Tuesday . The company traded as low as $3.35 and last traded at $3.4350, with a volume of 566 shares traded. The stock had previously closed at $3.50.

Wall Street Analysts Forecast Growth

ALNPY has been the topic of a number of recent analyst reports. Smbc Nikko Sec. upgraded ANA to a “hold” rating in a report on Friday, February 27th. Nomura lowered ANA from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

ANA Stock Performance

The stock has a market capitalization of $8.00 billion, a P/E ratio of 8.17 and a beta of 0.46. The company has a 50 day simple moving average of $3.87 and a 200-day simple moving average of $3.88. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.59 and a quick ratio of 1.51.

ANA (OTCMKTS:ALNPY) last issued its earnings results on Friday, January 30th. The transportation company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.02. The firm had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.38 billion. ANA had a return on equity of 12.84% and a net margin of 6.47%.

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.