Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Sees Unusually-High Trading Volume – What’s Next?

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) shares saw unusually-strong trading volume on Tuesday . Approximately 259,908 shares were traded during mid-day trading, an increase of 618% from the previous session’s volume of 36,215 shares.The stock last traded at $7.50 and had previously closed at $7.22.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised Nippon Yusen Kabushiki Kaisha to a “hold” rating in a report on Tuesday, June 24th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

Nippon Yusen Kabushiki Kaisha Trading Up 2.8%

The company has a 50 day moving average of $7.16 and a 200 day moving average of $6.99. The company has a current ratio of 1.33, a quick ratio of 1.21 and a debt-to-equity ratio of 0.22. The firm has a market cap of $16.11 billion, a price-to-earnings ratio of 5.89 and a beta of 1.08.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last issued its quarterly earnings data on Tuesday, August 5th. The company reported $0.14 earnings per share (EPS) for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 13.54% and a net margin of 16.48%.The firm had revenue of $4.16 billion during the quarter.

About Nippon Yusen Kabushiki Kaisha

Nippon Yusen Kabushiki Kaisha provides various logistics services worldwide. It operates through Liner & Logistics Business, Bulk Shipping Business, and Other Business segments. The company offers liner trading services, such as container shipping, and terminal and stevedoring services for containerships, car carriers, and cruise ships; and air cargo transportation services.