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

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) gapped down prior to trading on Tuesday . The stock had previously closed at $7.30, but opened at $6.95. Nippon Yusen Kabushiki Kaisha shares last traded at $7.35, with a volume of 2,779 shares trading hands.

Nippon Yusen Kabushiki Kaisha Price Performance

The stock has a 50 day moving average price of $6.88 and a two-hundred day moving average price of $6.70. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.88 and a current ratio of 0.95. The company has a market capitalization of $15.92 billion, a PE ratio of 10.19 and a beta of 1.08.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $0.13 EPS for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 7.26% and a net margin of 9.44%.The business had revenue of $4.09 billion during the quarter.

About Nippon Yusen Kabushiki Kaisha

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.