Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Posts Quarterly Earnings Results

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

Nippon Yusen Kabushiki Kaisha Trading Down 6.6%

Shares of NPNYY traded down $0.62 during trading hours on Thursday, hitting $8.87. The stock had a trading volume of 46,305 shares, compared to its average volume of 35,251. Nippon Yusen Kabushiki Kaisha has a 12-month low of $6.04 and a 12-month high of $9.80. The firm has a market cap of $17.98 billion, a P/E ratio of 17.92 and a beta of 0.68. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.95 and a current ratio of 1.06. The company’s fifty day simple moving average is $9.27 and its 200 day simple moving average is $7.66.

About Nippon Yusen Kabushiki Kaisha

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.