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

Shares of Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) gapped down prior to trading on Friday . The stock had previously closed at $7.06, but opened at $6.76. Nippon Yusen Kabushiki Kaisha shares last traded at $6.7230, with a volume of 4,378 shares.

Nippon Yusen Kabushiki Kaisha Price Performance

The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.88 and a current ratio of 0.95. The stock has a market cap of $13.80 billion, a price-to-earnings ratio of 10.07 and a beta of 0.82. The business’s fifty day simple moving average is $7.36 and its 200 day simple moving average is $6.82.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last issued its quarterly earnings data on Thursday, May 14th. The company reported $0.07 EPS for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 8.73% and a return on equity of 5.69%. The firm had revenue of $3.90 billion for the quarter.

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.