ANA (OTCMKTS:ALNPY) Shares Gap Up – Here’s What Happened

Shares of ANA Holdings Inc. (OTCMKTS:ALNPY) gapped up prior to trading on Thursday . The stock had previously closed at $3.70, but opened at $3.80. ANA shares last traded at $3.80, with a volume of 625 shares traded.

Analysts Set New Price Targets

Separately, Smbc Nikko Sec. raised shares of ANA to a “hold” rating in a research note on Friday, February 27th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold”.

ANA Stock Performance

The company has a market capitalization of $8.89 billion, a P/E ratio of 9.01 and a beta of 0.40. The business has a 50 day moving average of $3.99 and a 200 day moving average of $3.92. 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 data on Friday, January 30th. The transportation company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.14 by $0.02. The business had revenue of $4.45 billion for the quarter, compared to analysts’ expectations 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.