ANA (OTCMKTS:ALNPY) Cut to “Hold” at Nomura

Nomura lowered shares of ANA (OTCMKTS:ALNPY) from a strong-buy rating to a hold rating in a research report released on Wednesday,Zacks.com reports.

Separately, Smbc Nikko Sec. upgraded ANA to a “hold” rating in a report on Friday, February 27th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold”.

ANA Stock Up 3.9%

Shares of OTCMKTS:ALNPY opened at $3.76 on Wednesday. The firm has a market cap of $8.84 billion, a P/E ratio of 8.95 and a beta of 0.46. ANA has a 12-month low of $3.40 and a 12-month high of $4.48. The business has a fifty day simple moving average of $3.95 and a 200 day simple moving average of $3.89. The company has a quick ratio of 1.51, a current ratio of 1.59 and a debt-to-equity ratio of 0.69.

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

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.