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

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) released its quarterly earnings data on Wednesday. The company reported $0.15 earnings per share for the quarter, Zacks reports. Nippon Yusen Kabushiki Kaisha had a net margin of 8.73% and a return on equity of 5.60%.

Nippon Yusen Kabushiki Kaisha Stock Down 4.3%

OTCMKTS:NPNYY traded down $0.33 during trading hours on Wednesday, hitting $7.35. 16,416 shares of the company traded hands, compared to its average volume of 88,438. The company has a quick ratio of 0.91, a current ratio of 0.99 and a debt-to-equity ratio of 0.30. The company has a market cap of $14.90 billion, a PE ratio of 10.97 and a beta of 0.73. The firm’s 50-day simple moving average is $6.86 and its 200-day simple moving average is $6.98. Nippon Yusen Kabushiki Kaisha has a one year low of $6.04 and a one year high of $8.01.

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 research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Nippon Yusen Kabushiki Kaisha Company Profile

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.