ANA (OTCMKTS:ALNPY) Stock Falls 6.3% – Time to Sell?

ANA Holdings Inc. (OTCMKTS:ALNPY) traded down 6.3% during mid-day trading on Wednesday. The company traded as low as $3.7370 and last traded at $3.7370. Approximately 234 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 6,007 shares. The stock had previously closed at $3.99.

Wall Street Analyst Weigh In

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

ANA Stock Down 6.3%

The company has a current ratio of 1.48, a quick ratio of 1.40 and a debt-to-equity ratio of 0.73. The firm has a market cap of $8.71 billion, a PE ratio of 9.11 and a beta of 0.46. The business’s 50-day simple moving average is $3.93 and its 200 day simple moving average is $3.76.

ANA (OTCMKTS:ALNPY) last posted its quarterly 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 12.24%. The business had revenue of $4.10 billion during the quarter, compared to analyst estimates of $3.98 billion. As a group, equities research analysts expect that ANA Holdings Inc. will post 0.29 earnings per share for the current year.

About ANA

ANA Holdings Inc is a Japanese aviation group best known for operating All Nippon Airways (ANA), one of Japan’s largest airlines. Through its airline businesses, the group provides scheduled passenger and cargo transportation on domestic and international routes, connecting Japan with destinations across Asia, North America, Europe and other regions.

The group’s businesses also include Air Japan, an international airline serving select leisure and business markets, and Peach Aviation, a low-cost carrier focused primarily on domestic and short-haul international travel.