Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as $9.80 and last traded at $9.5750, with a volume of 496 shares trading hands. The stock had previously closed at $9.73.
Analysts Set New Price Targets
Separately, Zacks Research upgraded Nippon Yusen Kabushiki Kaisha to a “hold” rating in a research report on Thursday, May 28th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, Nippon Yusen Kabushiki Kaisha currently has an average rating of “Hold”.
Get Our Latest Stock Analysis on NPNYY
Nippon Yusen Kabushiki Kaisha Stock Up 0.2%
Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 8.88% and a return on equity of 5.53%. The business had revenue of $4.57 billion during the quarter. As a group, equities research analysts expect that Nippon Yusen Kabushiki Kaisha will post 0.79 EPS for the current year.
Nippon Yusen Kabushiki Kaisha Company Profile
Nippon Yusen Kabushiki Kaisha, commonly known as NYK Line, is a Japanese transportation and logistics company headquartered in Tokyo. Founded in 1885, the company developed from Japan’s early modern shipping industry and has grown into an international provider of marine transportation and supply-chain services.
NYK’s businesses include the transportation of automobiles, dry bulk commodities, energy products, and other cargo. The company operates car carriers, bulk vessels, tankers, and liquefied natural gas carriers, while also participating in container shipping through its investment in Ocean Network Express, a joint venture with other major Japanese shipping companies.
In addition to ocean transportation, NYK provides logistics, warehousing, freight forwarding, air cargo, terminal operations, and other supply-chain services.
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