ANA (OTCMKTS:ALNPY) Shares Gap Down - Here's Why

Key Points

• Shares gapped down pre-market, opening at $3.75 after a prior close of $3.95, with only 1,262 shares trading.
• SMBC Nikko upgraded ANA to a "Hold" on Feb. 27, and the stock's consensus rating remains Hold.
• ANA beat its latest quarterly estimates with EPS of $0.16 vs. $0.14 expected and revenue of $4.45B vs. $4.38B, and the company has a market cap of $8.95B and a P/E of 9.07.

ANA Holdings Inc. (OTCMKTS:ALNPY - Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $3.95, but opened at $3.75. ANA shares last traded at $3.75, with a volume of 1,262 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Smbc Nikko Sec. upgraded ANA to a "hold" rating in a research report on Friday, February 27th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of "Hold".

ANA Price Performance

The firm has a market cap of $8.95 billion, a price-to-earnings ratio of 9.07 and a beta of 0.46. The company has a current ratio of 1.59, a quick ratio of 1.51 and a debt-to-equity ratio of 0.69. The company has a 50 day moving average of $3.99 and a 200 day moving average of $3.90.

ANA (OTCMKTS:ALNPY - Get Free Report) last issued its quarterly earnings data on Friday, January 30th. The transportation company reported $0.16 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 the consensus estimate of $4.38 billion. ANA had a return on equity of 12.84% and a net margin of 6.47%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.