Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Shares Gap Up – Should You Buy?

Shares of Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) gapped up before the market opened on Friday . The stock had previously closed at $7.13, but opened at $7.4893. Nippon Yusen Kabushiki Kaisha shares last traded at $7.35, with a volume of 9,064 shares trading hands.

Analyst Ratings Changes

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

Nippon Yusen Kabushiki Kaisha Trading Up 3.5%

The company has a quick ratio of 0.91, a current ratio of 0.99 and a debt-to-equity ratio of 0.30. The firm has a 50 day moving average price of $6.74 and a 200 day moving average price of $6.93. The stock has a market capitalization of $14.96 billion, a PE ratio of 11.01 and a beta of 0.75.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last announced its earnings results on Thursday, May 14th. The company reported $0.07 earnings per share (EPS) for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 5.60% and a net margin of 8.73%.The company had revenue of $3.90 billion for the quarter. Equities analysts expect that Nippon Yusen Kabushiki Kaisha will post 0.63 EPS for the current fiscal year.

Nippon Yusen Kabushiki Kaisha Company Profile

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.