Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Shares Gap Down – Here’s What Happened

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) shares gapped down before the market opened on Monday. The stock had previously closed at $9.03, but opened at $8.62. Nippon Yusen Kabushiki Kaisha shares last traded at $8.97, with a volume of 308 shares trading hands.

Nippon Yusen Kabushiki Kaisha Stock Up 0.3%

The firm has a market cap of $18.31 billion, a price-to-earnings ratio of 12.73 and a beta of 0.64. The firm’s fifty day moving average is $8.76 and its two-hundred day moving average is $7.65. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.06 and a quick ratio of 0.95.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last released its earnings results on Wednesday, August 5th. The company reported $0.15 EPS for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 8.88% and a return on equity of 5.53%. The firm had revenue of $4.57 billion for the quarter. On average, sell-side analysts expect that Nippon Yusen Kabushiki Kaisha will post 0.79 EPS for the current fiscal year.

Nippon Yusen Kabushiki Kaisha Company Profile

Nippon Yusen Kabushiki Kaisha, commonly known as NYK Line, is a Japan-based global transportation and logistics company. Founded in 1885, the company operates through a broad portfolio of maritime and logistics businesses serving customers across Asia, Europe, the Americas, Oceania, and other international markets.

NYK Line provides ocean transportation for automobiles, energy products, dry bulk commodities, liquefied natural gas, and other cargo. Its activities include vehicle transportation, bulk shipping, tanker and LNG carrier operations, container terminal services, and specialized vessel transportation.