Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Shares Gap Up – Here’s What Happened

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) shares gapped up prior to trading on Friday. The stock had previously closed at $8.95, but opened at $9.5410. Nippon Yusen Kabushiki Kaisha shares last traded at $9.3288, with a volume of 1,759 shares traded.

Nippon Yusen Kabushiki Kaisha Trading Up 1.5%

The company has a current ratio of 1.06, a quick ratio of 0.95 and a debt-to-equity ratio of 0.34. The stock has a market cap of $18.97 billion, a price-to-earnings ratio of 13.18 and a beta of 0.64. The company has a fifty day simple moving average of $8.82 and a 200-day simple moving average of $7.67.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.15 earnings per share for the quarter. The firm had revenue of $4.57 billion for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 8.88% and a return on equity of 5.53%. On average, research analysts forecast that Nippon Yusen Kabushiki Kaisha will post 0.79 earnings per share for the current fiscal year.

Nippon Yusen Kabushiki Kaisha Company Profile

Nippon Yusen Kabushiki Kaisha, commonly known as NYK Line, is a Japan-based global transportation and logistics company. Founded in 1885, the company operates through a broad portfolio of maritime and logistics businesses serving customers across Asia, Europe, the Americas, Oceania, and other international markets.

NYK Line provides ocean transportation for automobiles, energy products, dry bulk commodities, liquefied natural gas, and other cargo. Its activities include vehicle transportation, bulk shipping, tanker and LNG carrier operations, container terminal services, and specialized vessel transportation.