Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Sets New 12-Month High – Time to Buy?

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY)’s stock price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $9.80 and last traded at $9.5750, with a volume of 496 shares. The stock had previously closed at $9.73.

Analysts Set New Price Targets

Separately, Zacks Research raised Nippon Yusen Kabushiki Kaisha to a “hold” rating in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Nippon Yusen Kabushiki Kaisha currently has a consensus rating of “Hold”.

Nippon Yusen Kabushiki Kaisha Stock Up 0.2%

The firm has a market capitalization of $19.46 billion, a price-to-earnings ratio of 13.52 and a beta of 0.67. The business’s 50-day moving average is $8.23 and its two-hundred day moving average is $7.47. The company has a debt-to-equity ratio of 0.34, a quick ratio of 0.95 and a current ratio of 1.06.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.15 earnings per share (EPS) for the quarter. The firm had revenue of $4.57 billion during the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 8.88% and a return on equity of 5.53%. On average, equities analysts anticipate that Nippon Yusen Kabushiki Kaisha will post 0.79 earnings per share for the current year.

Nippon Yusen Kabushiki Kaisha Company Profile

Nippon Yusen Kabushiki Kaisha, commonly known as NYK Line, is a Japanese transportation and logistics company headquartered in Tokyo. Founded in 1885, the company developed from Japan’s early modern shipping industry and has grown into an international provider of marine transportation and supply-chain services.

NYK’s businesses include the transportation of automobiles, dry bulk commodities, energy products, and other cargo. The company operates car carriers, bulk vessels, tankers, and liquefied natural gas carriers, while also participating in container shipping through its investment in Ocean Network Express, a joint venture with other major Japanese shipping companies.

In addition to ocean transportation, NYK provides logistics, warehousing, freight forwarding, air cargo, terminal operations, and other supply-chain services.