Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Shares Up 5.7% – Still a Buy?

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY)’s stock price traded up 5.7% during trading on Friday . The company traded as high as $7.00 and last traded at $7.00. 6,184 shares were traded during trading, a decline of 92% from the average session volume of 80,049 shares. The stock had previously closed at $6.6220.

Analyst Ratings Changes

Separately, Zacks Research raised Nippon Yusen Kabushiki Kaisha to a “hold” rating in a report on Thursday, May 28th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Nippon Yusen Kabushiki Kaisha Trading Up 2.7%

The company has a current ratio of 0.95, a quick ratio of 0.88 and a debt-to-equity ratio of 0.30. The stock has a market capitalization of $14.23 billion, a price-to-earnings ratio of 10.39 and a beta of 0.77. The business has a 50 day simple moving average of $7.21 and a 200-day simple moving average of $6.82.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.07 EPS 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, equities analysts predict that Nippon Yusen Kabushiki Kaisha will post 0.63 earnings per share for the current 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.