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

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) issued its quarterly earnings results on Wednesday. The company reported $0.15 earnings per share for the quarter, Zacks reports. Nippon Yusen Kabushiki Kaisha had a net margin of 8.73% and a return on equity of 5.60%.

Nippon Yusen Kabushiki Kaisha Price Performance

OTCMKTS:NPNYY traded down $0.33 during trading hours on Wednesday, hitting $7.35. 16,737 shares of the stock traded hands, compared to its average volume of 88,438. The company has a market cap of $14.90 billion, a price-to-earnings ratio of 10.97 and a beta of 0.73. Nippon Yusen Kabushiki Kaisha has a 1 year low of $6.04 and a 1 year high of $8.01. The stock has a 50 day moving average price of $6.86 and a 200 day moving average price of $6.98. The company has a quick ratio of 0.91, a current ratio of 0.99 and a debt-to-equity ratio of 0.30.

Analyst Ratings Changes

Separately, Zacks Research raised Nippon Yusen Kabushiki Kaisha to a “hold” rating in a report on Thursday, May 28th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

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.