ANA (OTCMKTS:ALNPY) Stock Price Down 8.1% – What’s Next?

ANA Holdings Inc. (OTCMKTS:ALNPY) shares were down 8.1% during trading on Tuesday . The stock traded as low as $3.73 and last traded at $3.73. Approximately 923 shares were traded during mid-day trading, a decline of 82% from the average daily volume of 5,175 shares. The stock had previously closed at $4.06.

Analyst Ratings Changes

ALNPY has been the topic of several recent analyst reports. Zacks Research upgraded shares of ANA to a “hold” rating in a report on Wednesday, June 3rd. Nomura upgraded shares of ANA from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

ANA Stock Down 1.7%

The stock has a fifty day moving average of $3.81 and a two-hundred day moving average of $3.79. The company has a quick ratio of 1.46, a current ratio of 1.54 and a debt-to-equity ratio of 0.65. The stock has a market cap of $9.30 billion, a price-to-earnings ratio of 9.73 and a beta of 0.46.

ANA (OTCMKTS:ALNPY) last announced its quarterly earnings results on Wednesday, July 29th. The transportation company reported $0.03 EPS for the quarter, topping the consensus estimate of $0.02 by $0.01. The company had revenue of $4.10 billion during the quarter, compared to analyst estimates of $3.98 billion. ANA had a return on equity of 12.15% and a net margin of 6.27%. As a group, analysts predict that ANA Holdings Inc. will post 0.29 EPS for the current fiscal year.

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.