Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Shares Down 4.4% – Time to Sell?

Shares of Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) were down 4.4% on Tuesday . The stock traded as low as $6.48 and last traded at $6.59. Approximately 781 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 73,486 shares. The stock had previously closed at $6.89.

Nippon Yusen Kabushiki Kaisha Stock Performance

The company has a quick ratio of 0.88, a current ratio of 0.95 and a debt-to-equity ratio of 0.30. The firm has a 50 day moving average price of $7.34 and a 200 day moving average price of $6.81. The stock has a market cap of $13.43 billion, a PE ratio of 9.81 and a beta of 0.82.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last issued its earnings results on Thursday, May 14th. The company reported $0.07 earnings per share (EPS) for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 8.73% and a return on equity of 5.69%. The company had revenue of $3.90 billion for the quarter.

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.