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

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) issued its earnings results on Thursday. The company reported $0.40 earnings per share (EPS) for the quarter, Zacks reports. Nippon Yusen Kabushiki Kaisha had a return on equity of 5.53% and a net margin of 8.88%.

Nippon Yusen Kabushiki Kaisha Trading Down 6.6%

OTCMKTS NPNYY traded down $0.62 during mid-day trading on Thursday, hitting $8.87. The company’s stock had a trading volume of 46,305 shares, compared to its average volume of 35,251. Nippon Yusen Kabushiki Kaisha has a 52-week low of $6.04 and a 52-week high of $9.80. The stock’s fifty day simple moving average is $9.27 and its two-hundred day simple moving average is $7.66. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.06 and a quick ratio of 0.95. The firm has a market capitalization of $17.98 billion, a P/E ratio of 17.92 and a beta of 0.68.

Nippon Yusen Kabushiki Kaisha Company Profile

Nippon Yusen Kabushiki Kaisha, commonly known as NYK Line, is a Japan-based transportation and logistics company. Founded in 1885, the company operates a diversified fleet and provides marine transportation, logistics, and related services to customers worldwide.

NYK Line’s principal activities include the transportation of automobiles, energy products, dry bulk commodities, and other cargo. The company also participates in container shipping through its investment in Ocean Network Express, a joint venture serving international liner routes.