Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Shares Gap Down – What’s Next?

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) shares gapped down prior to trading on Friday . The stock had previously closed at $6.77, but opened at $6.25. Nippon Yusen Kabushiki Kaisha shares last traded at $6.52, with a volume of 1,929 shares traded.

Nippon Yusen Kabushiki Kaisha Trading Up 1.6%

The firm’s 50 day moving average price is $6.43 and its 200-day moving average price is $6.77. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.51 and a quick ratio of 1.40. The stock has a market cap of $14.15 billion, a P/E ratio of 9.06 and a beta of 1.12.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $0.13 earnings per share for the quarter. The company had revenue of $4.09 billion during the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 9.44% and a return on equity of 7.22%.

About Nippon Yusen Kabushiki Kaisha

Nippon Yusen Kabushiki Kaisha (NYK Line) is one of the world’s oldest and largest shipping companies, tracing its roots back to 1885 when it was established in Tokyo, Japan. Over more than a century of operations, the company has grown from a modest coastal carrier into a global maritime and logistics provider. NYK is a core member of the Mitsubishi keiretsu and plays a prominent role in international trade by connecting major ports across Asia, Europe, the Americas and beyond.

The company’s principal business activities encompass sea, land and air logistics.