Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $8.53 and last traded at $8.49, with a volume of 39650 shares changing hands. The stock had previously closed at $8.46.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised shares of 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, Based on data from MarketBeat, the stock has an average rating of “Hold”.
Check Out Our Latest Stock Analysis on NPNYY
Nippon Yusen Kabushiki Kaisha Price Performance
Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report) last released its 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 5.54% and a net margin of 8.88%.The business had revenue of $4.57 billion for the quarter. On average, sell-side analysts anticipate that Nippon Yusen Kabushiki Kaisha will post 0.63 earnings per share for the current fiscal year.
Nippon Yusen Kabushiki Kaisha Company Profile
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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