Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Shares Gap Down – Time to Sell?

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY)’s share price gapped down prior to trading on Friday . The stock had previously closed at $6.39, but opened at $6.17. Nippon Yusen Kabushiki Kaisha shares last traded at $6.3750, with a volume of 5,229 shares trading hands.

Nippon Yusen Kabushiki Kaisha Price Performance

The company has a debt-to-equity ratio of 0.27, a current ratio of 1.51 and a quick ratio of 1.40. The stock has a 50 day moving average price of $6.45 and a 200-day moving average price of $6.88. The stock has a market capitalization of $13.84 billion, a price-to-earnings ratio of 6.64 and a beta of 1.11.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last issued its quarterly earnings data on Thursday, November 6th. The company reported $0.18 earnings per share for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 10.10% and a net margin of 12.71%.The business had revenue of $3.94 billion during the quarter.

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.