Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Shares Gap Up – Should You Buy?

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY)’s share price gapped up before the market opened on Friday. The stock had previously closed at $8.95, but opened at $9.5410. Nippon Yusen Kabushiki Kaisha shares last traded at $9.3288, with a volume of 1,759 shares changing hands.

Nippon Yusen Kabushiki Kaisha Price Performance

The stock has a market capitalization of $18.97 billion, a P/E ratio of 13.18 and a beta of 0.64. The stock’s fifty day moving average is $8.82 and its 200-day moving average is $7.67. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.06 and a quick ratio of 0.95.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.15 earnings per share for the quarter. The business had revenue of $4.57 billion for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 5.53% and a net margin of 8.88%. On average, equities analysts anticipate that Nippon Yusen Kabushiki Kaisha will post 0.79 earnings per share for the current year.

About Nippon Yusen Kabushiki Kaisha

Nippon Yusen Kabushiki Kaisha, commonly known as NYK Line, is a Japan-based global transportation and logistics company. Founded in 1885, the company operates through a broad portfolio of maritime and logistics businesses serving customers across Asia, Europe, the Americas, Oceania, and other international markets.

NYK Line provides ocean transportation for automobiles, energy products, dry bulk commodities, liquefied natural gas, and other cargo. Its activities include vehicle transportation, bulk shipping, tanker and LNG carrier operations, container terminal services, and specialized vessel transportation.