Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Posts Earnings Results

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) released its quarterly earnings results on Thursday. The company reported $0.07 earnings per share for the quarter, Zacks reports. Nippon Yusen Kabushiki Kaisha had a net margin of 9.44% and a return on equity of 7.26%.

Nippon Yusen Kabushiki Kaisha Stock Performance

NPNYY stock traded up $0.14 during mid-day trading on Thursday, hitting $6.82. The company had a trading volume of 209,237 shares, compared to its average volume of 77,525. The firm has a market cap of $13.94 billion, a PE ratio of 9.47 and a beta of 0.82. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.88 and a current ratio of 0.95. Nippon Yusen Kabushiki Kaisha has a 12 month low of $6.05 and a 12 month high of $8.01. The stock’s fifty day moving average price is $7.37 and its two-hundred day moving average price is $6.81.

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.