Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $9.47 and last traded at $9.45, with a volume of 21970 shares changing hands. The stock had previously closed at $9.16.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded Nippon Yusen Kabushiki Kaisha to a “hold” rating in a research note on Thursday, May 28th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.
View Our Latest Research Report on Nippon Yusen Kabushiki Kaisha
Nippon Yusen Kabushiki Kaisha Price Performance
Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.15 EPS for the quarter. The firm had revenue of $4.57 billion during the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 5.54% and a net margin of 8.88%. On average, equities analysts anticipate that Nippon Yusen Kabushiki Kaisha will post 0.79 earnings per share for the current fiscal 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.
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