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

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) released its quarterly earnings data on Thursday. The company reported $0.40 earnings per share for the quarter, Zacks reports. The company had revenue of $4.88 billion for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 5.53% and a net margin of 8.88%.

Nippon Yusen Kabushiki Kaisha Price Performance

Shares of NPNYY traded down $0.46 during trading hours on Friday, hitting $8.43. The stock had a trading volume of 43,032 shares, compared to its average volume of 36,301. The stock has a market capitalization of $17.08 billion, a price-to-earnings ratio of 8.69 and a beta of 0.68. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.06 and a quick ratio of 0.95. The company’s fifty day moving average is $9.26 and its two-hundred day moving average is $7.67. Nippon Yusen Kabushiki Kaisha has a 52 week low of $6.04 and a 52 week high of $9.80.

About Nippon Yusen Kabushiki Kaisha

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.