Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Hits New 52-Week High – Still a Buy?

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY)’s stock price hit a new 52-week high during trading on Wednesday . The stock traded as high as $7.72 and last traded at $7.72, with a volume of 652 shares changing hands. The stock had previously closed at $7.19.

Nippon Yusen Kabushiki Kaisha Trading Up 8.1%

The firm has a market cap of $16.86 billion, a P/E ratio of 10.79 and a beta of 1.08. The company has a current ratio of 0.95, a quick ratio of 0.88 and a debt-to-equity ratio of 0.30. The company’s fifty day moving average price is $6.74 and its two-hundred day moving average price is $6.70.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last announced its quarterly earnings results on Wednesday, February 4th. The company reported $0.13 earnings per share (EPS) for the quarter. The firm 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%.

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.