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

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) issued its quarterly earnings data on Wednesday. The company reported $0.15 earnings per share for the quarter, Zacks reports. The company had revenue of $4.57 billion for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 8.73% and a return on equity of 5.60%.

Nippon Yusen Kabushiki Kaisha Price Performance

Nippon Yusen Kabushiki Kaisha stock traded up $0.16 during trading hours on Thursday, reaching $7.54. 2,515 shares of the stock were exchanged, compared to its average volume of 87,956. The company has a market cap of $15.29 billion, a P/E ratio of 11.26 and a beta of 0.73. The company has a current ratio of 0.99, a quick ratio of 0.91 and a debt-to-equity ratio of 0.30. Nippon Yusen Kabushiki Kaisha has a twelve month low of $6.04 and a twelve month high of $8.01. The stock has a 50 day moving average of $6.88 and a two-hundred day moving average of $6.99.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Nippon Yusen Kabushiki Kaisha to a “hold” rating in a report on Thursday, May 28th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

About Nippon Yusen Kabushiki Kaisha

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.