Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Releases Quarterly Earnings Results

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) issued its earnings results on Thursday. The company reported $0.40 earnings per share (EPS) for the quarter, Zacks reports. Nippon Yusen Kabushiki Kaisha had a return on equity of 5.53% and a net margin of 8.88%.

Nippon Yusen Kabushiki Kaisha Trading Down 6.6%

Shares of OTCMKTS NPNYY traded down $0.62 during mid-day trading on Thursday, hitting $8.87. 46,305 shares of the company traded hands, compared to its average volume of 35,251. The company has a quick ratio of 0.95, a current ratio of 1.06 and a debt-to-equity ratio of 0.34. Nippon Yusen Kabushiki Kaisha has a 1 year low of $6.04 and a 1 year high of $9.80. The stock has a market capitalization of $17.98 billion, a price-to-earnings ratio of 12.49 and a beta of 0.68. The business has a 50 day moving average of $9.27 and a two-hundred day moving average of $7.66.

About Nippon Yusen Kabushiki Kaisha

Nippon Yusen Kabushiki Kaisha, commonly known as NYK Line, is a Japan-based transportation and logistics company. Founded in 1885, the company operates a diversified fleet and provides marine transportation, logistics, and related services to customers worldwide.

NYK Line’s principal activities include the transportation of automobiles, energy products, dry bulk commodities, and other cargo. The company also participates in container shipping through its investment in Ocean Network Express, a joint venture serving international liner routes.