Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Sees Large Volume Increase – Here’s Why

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYYGet Free Report) shares saw unusually-high trading volume on Thursday . 91,638 shares were traded during trading, an increase of 8% from the previous session’s volume of 84,721 shares.The stock last traded at $8.6885 and had previously closed at $8.95.

Analyst Upgrades and Downgrades

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

Read Our Latest Analysis on NPNYY

Nippon Yusen Kabushiki Kaisha Trading Down 0.1%

The firm’s 50-day moving average price is $7.31 and its 200 day moving average price is $7.17. The company has a market cap of $17.59 billion, a price-to-earnings ratio of 12.23 and a beta of 0.73. The company has a current ratio of 0.99, a quick ratio of 0.91 and a debt-to-equity ratio of 0.30.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYYGet Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share (EPS) for the quarter. The company had revenue of $4.57 billion for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 8.88% and a return on equity of 5.54%. As a group, equities analysts expect that Nippon Yusen Kabushiki Kaisha will post 0.79 EPS for the current year.

About Nippon Yusen Kabushiki Kaisha

(Get Free Report)

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.

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