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

Shares of Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) gapped down before the market opened on Monday. The stock had previously closed at $8.89, but opened at $8.30. Nippon Yusen Kabushiki Kaisha shares last traded at $8.29, with a volume of 2,913 shares changing hands.

Nippon Yusen Kabushiki Kaisha Price Performance

The company has a 50 day moving average of $9.26 and a 200-day moving average of $7.67. The stock has a market capitalization of $16.85 billion, a P/E ratio of 8.57 and a beta of 0.68. The company has a quick ratio of 0.95, a current ratio of 1.06 and a debt-to-equity ratio of 0.34.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last released its quarterly earnings data on Thursday, November 5th. The company reported $0.40 EPS for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 11.36% and a return on equity of 7.68%. The firm had revenue of $4.88 billion during the quarter. Sell-side analysts predict that Nippon Yusen Kabushiki Kaisha will post 0.88 EPS for the current year.

About Nippon Yusen Kabushiki Kaisha

Nippon Yusen Kabushiki Kaisha, commonly known as NYK Line, is a Japanese transportation and logistics company headquartered in Tokyo. Founded in 1885, it has a long history in maritime shipping and serves customers through a global network of operations.

The company transports a range of cargo by sea, including automobiles, dry-bulk commodities, crude oil, and liquefied natural gas. Its activities also include logistics and related services, such as supply-chain support and freight transportation.

NYK operates internationally and participates in container shipping through its interest in Ocean Network Express, a joint venture formed with other Japanese shipping companies.