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

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) announced its earnings results on Wednesday. The company reported $0.15 EPS for the quarter, Zacks reports. Nippon Yusen Kabushiki Kaisha had a net margin of 8.88% and a return on equity of 5.54%. The business had revenue of $4.57 billion during the quarter.

Nippon Yusen Kabushiki Kaisha Stock Performance

NPNYY stock traded up $0.23 during trading on Friday, hitting $7.76. 5,221 shares of the company’s stock traded hands, compared to its average volume of 87,488. The stock has a market capitalization of $15.73 billion, a price-to-earnings ratio of 10.93 and a beta of 0.73. Nippon Yusen Kabushiki Kaisha has a 52 week low of $6.04 and a 52 week high of $8.01. The stock has a fifty day moving average price of $6.89 and a two-hundred day moving average price of $6.99. The company has a quick ratio of 0.91, a current ratio of 0.99 and a debt-to-equity ratio of 0.30.

Wall Street Analyst Weigh In

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, Nippon Yusen Kabushiki Kaisha presently has an average rating of “Hold”.

About Nippon Yusen Kabushiki Kaisha

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.