Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Shares Gap Down – Should You Sell?

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) gapped down prior to trading on Monday. The stock had previously closed at $8.89, but opened at $8.30. Nippon Yusen Kabushiki Kaisha shares last traded at $8.29, with a volume of 2,913 shares.

Nippon Yusen Kabushiki Kaisha Trading Down 0.1%

The company has a quick ratio of 0.95, a current ratio of 1.06 and a debt-to-equity ratio of 0.34. The firm has a market cap of $16.86 billion, a price-to-earnings ratio of 11.11 and a beta of 0.68. The business has a 50 day moving average of $9.24 and a 200 day moving average of $7.69.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last posted its quarterly earnings data on Thursday, November 5th. The company reported $0.40 EPS for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 7.68% and a net margin of 11.36%. The firm had revenue of $4.88 billion during the quarter. On average, research analysts forecast that Nippon Yusen Kabushiki Kaisha will post 0.88 earnings per share for the current fiscal year.

Nippon Yusen Kabushiki Kaisha Company Profile

Nippon Yusen Kabushiki Kaisha, commonly known as NYK Line, is a Japanese transportation and logistics company headquartered in Tokyo. Founded in 1885, it has a long history in maritime shipping and serves customers through a global network of operations. The company transports a range of cargo by sea, including automobiles, dry-bulk commodities, crude oil, and liquefied natural gas. Its activities also include logistics and related services, such as supply-chain support and freight transportation.