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 $0.40 earnings per share for the quarter, Zacks reports. Nippon Yusen Kabushiki Kaisha had a net margin of 8.88% and a return on equity of 5.53%. The business had revenue of $4.88 billion for the quarter.

Nippon Yusen Kabushiki Kaisha Price Performance

Shares of OTCMKTS:NPNYY traded down $0.40 during trading on Friday, reaching $8.49. 6,424 shares of the company traded hands, compared to its average volume of 74,226. The company’s 50 day moving average is $9.27 and its two-hundred day moving average is $7.66. The firm has a market capitalization of $17.21 billion, a PE ratio of 11.96 and a beta of 0.68. Nippon Yusen Kabushiki Kaisha has a 52 week low of $6.04 and a 52 week high of $9.80. The company has a quick ratio of 0.95, a current ratio of 1.06 and a debt-to-equity ratio of 0.34.

Nippon Yusen Kabushiki Kaisha Company Profile

Nippon Yusen Kabushiki Kaisha, commonly known as NYK Line, is a Japan-based transportation and logistics company. Founded in 1885, the company operates a diversified fleet and provides marine transportation, logistics, and related services to customers worldwide.

NYK Line’s principal activities include the transportation of automobiles, energy products, dry bulk commodities, and other cargo. The company also participates in container shipping through its investment in Ocean Network Express, a joint venture serving international liner routes.