Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Shares Gap Up – Should You Buy?

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $7.84, but opened at $8.1520. Nippon Yusen Kabushiki Kaisha shares last traded at $8.11, with a volume of 1,885 shares changing hands.

Analyst Ratings Changes

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

Nippon Yusen Kabushiki Kaisha Stock Up 2.1%

The company has a debt-to-equity ratio of 0.30, a current ratio of 0.99 and a quick ratio of 0.91. The company has a market capitalization of $16.58 billion, a PE ratio of 11.52 and a beta of 0.73. The business’s 50 day simple moving average is $7.03 and its 200 day simple moving average is $7.06.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share (EPS) for the quarter. The business 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 5.54%. As a group, analysts anticipate that Nippon Yusen Kabushiki Kaisha will post 0.63 earnings per share for the current fiscal year.

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.