Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Sees Unusually-High Trading Volume – Here’s What Happened

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYYGet Free Report) shares saw strong trading volume on Monday . 224,420 shares changed hands during trading, an increase of 197% from the previous session’s volume of 75,656 shares.The stock last traded at $6.56 and had previously closed at $6.67.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Nippon Yusen Kabushiki Kaisha to a “hold” rating in a research report on Thursday. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, Nippon Yusen Kabushiki Kaisha currently has a consensus rating of “Hold”.

Read Our Latest Stock Analysis on Nippon Yusen Kabushiki Kaisha

Nippon Yusen Kabushiki Kaisha Trading Down 0.8%

The company’s fifty day moving average is $7.28 and its two-hundred day moving average is $6.82. The stock has a market cap of $13.36 billion, a price-to-earnings ratio of 9.76 and a beta of 0.77. The company has a quick ratio of 0.88, a current ratio of 0.95 and a debt-to-equity ratio of 0.30.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYYGet Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported $0.07 EPS for the quarter. The company had revenue of $3.90 billion for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 8.73% and a return on equity of 5.69%. On average, research analysts predict that Nippon Yusen Kabushiki Kaisha will post 0.63 EPS for the current fiscal year.

About Nippon Yusen Kabushiki Kaisha

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Nippon Yusen Kabushiki Kaisha Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nippon Yusen Kabushiki Kaisha and related companies with MarketBeat.com's FREE daily email newsletter.