Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report) released its earnings results on Wednesday. The company reported $0.15 earnings per share (EPS) for the quarter, Zacks reports. Nippon Yusen Kabushiki Kaisha had a return on equity of 5.60% and a net margin of 8.73%.
Nippon Yusen Kabushiki Kaisha Stock Performance
OTCMKTS NPNYY traded down $0.33 on Wednesday, hitting $7.35. 16,416 shares of the stock traded hands, compared to its average volume of 88,438. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.91 and a current ratio of 0.99. The business’s fifty day moving average is $6.86 and its two-hundred day moving average is $6.98. Nippon Yusen Kabushiki Kaisha has a 12 month low of $6.04 and a 12 month high of $8.01. The firm has a market capitalization of $14.90 billion, a price-to-earnings ratio of 10.97 and a beta of 0.73.
Analyst Upgrades and Downgrades
Separately, Zacks Research upgraded Nippon Yusen Kabushiki Kaisha to a “hold” rating in a report on Thursday, May 28th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.
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.
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