Shares of Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report) saw strong trading volume on Tuesday . 310,840 shares traded hands during mid-day trading, an increase of 259% from the previous session’s volume of 86,677 shares.The stock last traded at $6.46 and had previously closed at $6.50.
Wall Street Analyst Weigh In
Separately, Zacks Research raised Nippon Yusen Kabushiki Kaisha to a “hold” rating in a report on Thursday, May 28th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Nippon Yusen Kabushiki Kaisha presently has an average rating of “Hold”.
Check Out Our Latest Analysis on NPNYY
Nippon Yusen Kabushiki Kaisha Trading Down 0.8%
Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report) last announced its quarterly earnings data on Thursday, May 14th. The company reported $0.07 earnings per share (EPS) for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 5.60% and a net margin of 8.73%.The firm had revenue of $3.90 billion for the quarter. As a group, sell-side analysts anticipate that Nippon Yusen Kabushiki Kaisha will post 0.63 earnings per share for the current fiscal year.
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.
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