Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Hits New 1-Year High – Still a Buy?

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY)’s stock price reached a new 52-week high during trading on Friday . The company traded as high as $8.06 and last traded at $8.06, with a volume of 803 shares. The stock had previously closed at $7.84.

Wall Street Analysts Forecast Growth

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

Nippon Yusen Kabushiki Kaisha Trading Up 3.0%

The business has a fifty day moving average of $7.01 and a 200-day moving average of $7.04. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.91 and a current ratio of 0.99. The company has a market capitalization of $16.36 billion, a P/E ratio of 11.37 and a beta of 0.73.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.15 earnings per share for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 8.88% and a return on equity of 5.54%. The firm had revenue of $4.57 billion for the quarter. Analysts anticipate that Nippon Yusen Kabushiki Kaisha will post 0.63 earnings per share for the current fiscal year.

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.