Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Shares Gap Down – Should You Sell?

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report) gapped down before the market opened on Friday. The stock had previously closed at $9.67, but opened at $9.11. Nippon Yusen Kabushiki Kaisha shares last traded at $9.40, with a volume of 3,000 shares.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Nippon Yusen Kabushiki Kaisha to a “hold” rating in a report on Thursday, May 28th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Nippon Yusen Kabushiki Kaisha has a consensus rating of “Hold”.

Check Out Our Latest Report on Nippon Yusen Kabushiki Kaisha

Nippon Yusen Kabushiki Kaisha Stock Performance

The stock’s 50 day moving average is $8.45 and its two-hundred day moving average is $7.55. The stock has a market capitalization of $19.06 billion, a price-to-earnings ratio of 13.25 and a beta of 0.67. The company has a current ratio of 1.06, a quick ratio of 0.95 and a debt-to-equity ratio of 0.34.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share (EPS) for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 5.53% and a net margin of 8.88%.The firm had revenue of $4.57 billion for the quarter. Analysts expect that Nippon Yusen Kabushiki Kaisha will post 0.79 earnings per share for the current fiscal year.

Nippon Yusen Kabushiki Kaisha Company Profile

(Get Free Report)

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.

Further Reading

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