Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Rating Increased to Hold at Zacks Research

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) was upgraded by equities research analysts at Zacks Research to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

Nippon Yusen Kabushiki Kaisha Trading Down 1.2%

Shares of NPNYY stock opened at $6.59 on Thursday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.95 and a quick ratio of 0.88. The firm has a market cap of $13.47 billion, a PE ratio of 9.84 and a beta of 0.82. The company has a 50-day moving average of $7.28 and a two-hundred day moving average of $6.81. Nippon Yusen Kabushiki Kaisha has a 1-year low of $6.05 and a 1-year high of $8.01.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last announced its earnings results on Thursday, May 14th. The company reported $0.07 earnings per share for the quarter. The company had revenue of $3.90 billion during the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 8.73% and a return on equity of 5.69%. On average, analysts predict that Nippon Yusen Kabushiki Kaisha will post 0.63 EPS for the current year.

Nippon Yusen Kabushiki Kaisha Company Profile

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.