Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Shares Gap Down – What’s Next?

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $7.72, but opened at $7.33. Nippon Yusen Kabushiki Kaisha shares last traded at $7.34, with a volume of 6,738 shares changing hands.

Nippon Yusen Kabushiki Kaisha Stock Performance

The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.88 and a current ratio of 0.95. The stock’s 50-day simple moving average is $7.28 and its two-hundred day simple moving average is $6.77. The stock has a market cap of $15.02 billion, a price-to-earnings ratio of 10.21 and a beta of 0.96.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last issued its quarterly earnings results on Wednesday, February 4th. The company reported $0.13 earnings per share (EPS) for the quarter. The company had revenue of $4.09 billion for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 7.26% and a net margin of 9.44%.

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.