ANA (OTCMKTS:ALNPY) Shares Gap Down - Time to Sell?

Key Points

• ANA shares gapped down from a prior close of $3.83 to open at $3.631, later trading at $3.799 on light volume; the stock was down 0.8%.
• Analyst sentiment is generally positive: Nomura upgraded ANA from “Hold” to “Strong Buy,” while the broader analyst consensus is “Moderate Buy,” with one Strong Buy and two Hold ratings.
• ANA exceeded quarterly expectations, reporting $0.03 EPS versus a $0.02 estimate and revenue of $4.10 billion compared with the $3.98 billion consensus forecast.

ANA Holdings Inc. (OTCMKTS:ALNPY - Get Free Report)'s stock price gapped down before the market opened on Tuesday. The stock had previously closed at $3.83, but opened at $3.6310. ANA shares last traded at $3.7990, with a volume of 343 shares changing hands.

Wall Street Analyst Weigh In

Separately, Nomura raised ANA from a "hold" rating to a "strong-buy" rating in a research report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, ANA presently has an average rating of "Moderate Buy".

ANA Trading Down 0.8%

The firm has a market capitalization of $8.86 billion, a PE ratio of 9.27 and a beta of 0.50. The firm has a 50 day simple moving average of $3.90 and a 200 day simple moving average of $3.82. The company has a current ratio of 1.48, a quick ratio of 1.40 and a debt-to-equity ratio of 0.73.

ANA (OTCMKTS:ALNPY - Get Free Report) last released its quarterly earnings data 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 return on equity of 12.24% and a net margin of 6.27%. The company had revenue of $4.10 billion for the quarter, compared to analysts' expectations of $3.98 billion. Equities analysts expect that ANA Holdings Inc. will post 0.29 earnings per share for the current fiscal year.

About ANA

ANA Holdings, Inc is a Japanese transportation and travel-services group best known for All Nippon Airways (ANA), one of Japan's largest airlines. Through its airline businesses, the group provides scheduled passenger and cargo transportation, as well as related services such as airport operations, aircraft maintenance and travel arrangements.

ANA operates an extensive domestic network in Japan and serves international destinations across Asia, North America, Europe and other regions. The group also includes aviation businesses serving different customer segments, including Peach Aviation, a low-cost carrier, and AirJapan, an international airline brand.

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