ANA (OTCMKTS:ALNPY) Shares Gap Down – Should You Sell?

Shares of ANA Holdings Inc. (OTCMKTS:ALNPY) gapped down before the market opened 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 traded.

Analysts Set New Price Targets

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

ANA Stock Performance

The company has a market cap of $9.12 billion, a PE ratio of 8.89 and a beta of 0.47. The firm’s fifty day moving average is $3.66 and its 200 day moving average is $3.80. The company has a current ratio of 1.54, a quick ratio of 1.46 and a debt-to-equity ratio of 0.65.

ANA (OTCMKTS:ALNPY) last posted its quarterly earnings data on Thursday, April 30th. The transportation company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.02. The business had revenue of $4.15 billion for the quarter, compared to the consensus estimate of $4.06 billion. ANA had a net margin of 6.65% and a return on equity of 13.20%. As a group, research analysts predict that ANA Holdings Inc. will post 0.26 EPS 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.