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

Shares of Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) gapped down prior to trading on Friday . The stock had previously closed at $6.77, but opened at $6.25. Nippon Yusen Kabushiki Kaisha shares last traded at $6.52, with a volume of 1,929 shares traded.

Nippon Yusen Kabushiki Kaisha Stock Performance

The business’s 50 day simple moving average is $6.43 and its two-hundred day simple moving average is $6.77. The firm has a market capitalization of $14.15 billion, a PE ratio of 9.06 and a beta of 1.12. The company has a current ratio of 1.51, a quick ratio of 1.40 and a debt-to-equity ratio of 0.27.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.13 EPS for the quarter. The company had revenue of $4.09 billion during the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 7.22% and a net margin of 9.44%.

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.