Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Shares Gap Down – Should You Sell?

Shares of Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) gapped down before the market opened on Monday. The stock had previously closed at $8.89, but opened at $8.30. Nippon Yusen Kabushiki Kaisha shares last traded at $8.29, with a volume of 2,913 shares.

Nippon Yusen Kabushiki Kaisha Price Performance

The company’s 50-day moving average price is $9.26 and its two-hundred day moving average price is $7.67. The company has a market cap of $16.85 billion, a P/E ratio of 8.57 and a beta of 0.68. The company has a current ratio of 1.06, a quick ratio of 0.95 and a debt-to-equity ratio of 0.34.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last issued its earnings results on Thursday, November 5th. The company reported $0.40 earnings per share (EPS) for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 11.36% and a return on equity of 7.68%. The business had revenue of $4.88 billion for the quarter. As a group, sell-side analysts expect that Nippon Yusen Kabushiki Kaisha will post 0.88 earnings per share for the current year.

Nippon Yusen Kabushiki Kaisha Company Profile

Nippon Yusen Kabushiki Kaisha, commonly known as NYK Line, is a Japanese transportation and logistics company headquartered in Tokyo. Founded in 1885, it has a long history in maritime shipping and serves customers through a global network of operations.

The company transports a range of cargo by sea, including automobiles, dry-bulk commodities, crude oil, and liquefied natural gas. Its activities also include logistics and related services, such as supply-chain support and freight transportation.

NYK operates internationally and participates in container shipping through its interest in Ocean Network Express, a joint venture formed with other Japanese shipping companies.