Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get 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%
Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get 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
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.
Recommended Stories
- Five stocks we like better than Nippon Yusen Kabushiki Kaisha
- Permian Resources Rally Faces a Test
- Google Cloud Just Gave Rezolve AI a Major Vote of Confidence
- Strategy’s $1.59B Gamble: Checkmate at $80K?
- Semtech Stock Rallies on Strong Q2 Results and Raised Guidance
Receive News & Ratings for Nippon Yusen Kabushiki Kaisha Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nippon Yusen Kabushiki Kaisha and related companies with MarketBeat.com's FREE daily email newsletter.
