ANA (OTCMKTS:ALNPY) Stock Price Crosses Below Two Hundred Day Moving Average - What's Next?

Key Points

• ANA shares fell below their 200-day moving average, trading as low as $3.62 vs the 200-day MA of $3.89 (last trade $3.62) on Thursday, with volume of 2,280 shares.
• SMBC Nikko Securities upgraded ANA to a "Hold" on Feb. 27, and MarketBeat shows an average rating of "Hold" based on one analyst.
• Recent fundamentals are solid: ANA beat Q results with EPS $0.16 vs. $0.14 est. and revenue $4.45B vs. $4.38B, and the company has a market cap of $8.51B and a P/E of 8.62.

ANA Holdings Inc. (OTCMKTS:ALNPY - Get Free Report)'s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $3.89 and traded as low as $3.62. ANA shares last traded at $3.62, with a volume of 2,280 shares.

Wall Street Analyst Weigh In

Separately, Smbc Nikko Sec. upgraded ANA to a "hold" rating in a report on Friday, February 27th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, ANA has an average rating of "Hold".

ANA Stock Down 1.0%

The company has a debt-to-equity ratio of 0.69, a current ratio of 1.59 and a quick ratio of 1.51. The stock has a fifty day moving average price of $3.95 and a two-hundred day moving average price of $3.89. The company has a market cap of $8.51 billion, a P/E ratio of 8.62 and a beta of 0.46.

ANA (OTCMKTS:ALNPY - Get Free Report) last posted its earnings results on Friday, January 30th. The transportation company reported $0.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. ANA had a return on equity of 12.84% and a net margin of 6.47%.The company had revenue of $4.45 billion for the quarter, compared to analyst estimates of $4.38 billion.

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.

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