Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Shares Gap Up – Time to Buy?

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYYGet Free Report)’s share price gapped up prior to trading on Monday . The stock had previously closed at $8.51, but opened at $9.01. Nippon Yusen Kabushiki Kaisha shares last traded at $9.01, with a volume of 332 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised Nippon Yusen Kabushiki Kaisha to a “hold” rating in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Read Our Latest Stock Report on NPNYY

Nippon Yusen Kabushiki Kaisha Trading Down 1.2%

The firm has a market cap of $18.14 billion, a price-to-earnings ratio of 12.61 and a beta of 0.73. The company’s 50-day moving average price is $7.27 and its 200-day moving average price is $7.15. The company has a quick ratio of 0.91, a current ratio of 0.99 and a debt-to-equity ratio of 0.30.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYYGet Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share for the quarter. The firm had revenue of $4.57 billion during the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 8.88% and a return on equity of 5.54%. Equities analysts expect that Nippon Yusen Kabushiki Kaisha will post 0.79 EPS for the current fiscal year.

Nippon Yusen Kabushiki Kaisha Company Profile

(Get Free Report)

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.

Further Reading

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