ANA (OTCMKTS:ALNPY) Stock Price Down 7.9% - Should You Sell?

Key Points

• Shares fell 7.9% to $3.60 intraday on Wednesday on very light volume (1,287 shares traded, about 83% below the average), after previously closing at $3.91.
• Nomura downgraded ANA from "strong-buy" to "hold", and the stock now carries an average analyst rating of "Hold" with two analysts on record giving a Hold.
• ANA beat quarterly estimates with $0.16 EPS and $4.45 billion in revenue, and the stock trades at a P/E of 8.87 with an $8.69 billion market cap, indicating relatively low valuation despite the recent sell-off.

ANA Holdings Inc. (OTCMKTS:ALNPY - Get Free Report) shares fell 7.9% during mid-day trading on Wednesday . The company traded as low as $3.60 and last traded at $3.60. 1,287 shares changed hands during trading, a decline of 83% from the average session volume of 7,369 shares. The stock had previously closed at $3.91.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on ALNPY. Nomura cut ANA from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, April 15th. Smbc Nikko Sec. upgraded ANA to a "hold" rating in a research report on Friday, February 27th. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of "Hold".

ANA Trading Down 4.7%

The company has a 50 day moving average of $3.93 and a 200 day moving average of $3.89. 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 firm has a market cap of $8.69 billion, a price-to-earnings ratio of 8.87 and a beta of 0.46.

ANA (OTCMKTS:ALNPY - Get Free Report) last announced its quarterly earnings results on Friday, January 30th. The transportation company reported $0.16 EPS for the quarter, beating the consensus estimate of $0.14 by $0.02. The business had revenue of $4.45 billion for the quarter, compared to analyst estimates 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.

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