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

Shares of Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) gapped up before the market opened on Wednesday . The stock had previously closed at $7.14, but opened at $7.40. Nippon Yusen Kabushiki Kaisha shares last traded at $7.23, with a volume of 3,659 shares traded.

Nippon Yusen Kabushiki Kaisha Price Performance

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 company’s 50 day simple moving average is $6.69 and its 200 day simple moving average is $6.71. The company has a market capitalization of $15.43 billion, a PE ratio of 9.88 and a beta of 1.08.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last issued its quarterly earnings data on Wednesday, February 4th. The company reported $0.13 earnings per share for the quarter. The business had revenue of $4.09 billion during the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 9.44% and a return on equity of 7.26%.

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.