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

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) posted its earnings results on Thursday. The company reported $0.07 earnings per share for the quarter, Zacks reports. Nippon Yusen Kabushiki Kaisha had a return on equity of 5.69% and a net margin of 8.73%.The firm had revenue of $3.90 billion during the quarter.

Nippon Yusen Kabushiki Kaisha Stock Performance

NPNYY traded up $0.05 on Friday, hitting $6.87. The company had a trading volume of 66,331 shares, compared to its average volume of 84,955. The company’s fifty day moving average price is $7.37 and its 200 day moving average price is $6.81. Nippon Yusen Kabushiki Kaisha has a 1-year low of $6.05 and a 1-year high of $8.01. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.95 and a quick ratio of 0.88. The stock has a market cap of $14.04 billion, a price-to-earnings ratio of 10.25 and a beta of 0.82.

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.