Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Shares Gap Down – What’s Next?

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) shares gapped down before the market opened on Friday . The stock had previously closed at $7.00, but opened at $6.69. Nippon Yusen Kabushiki Kaisha shares last traded at $6.89, with a volume of 2,216 shares changing hands.

Nippon Yusen Kabushiki Kaisha Stock Performance

The company has a 50-day moving average price of $6.91 and a two-hundred day moving average price of $6.74. The stock has a market capitalization of $14.97 billion, a P/E ratio of 4.93 and a beta of 1.09. The company has a quick ratio of 1.21, a current ratio of 1.33 and a debt-to-equity ratio of 0.22.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last announced its quarterly earnings results on Thursday, May 8th. The company reported $0.21 earnings per share for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 15.81% and a net margin of 18.49%. The firm had revenue of $4.01 billion for the quarter.

Nippon Yusen Kabushiki Kaisha Company Profile

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.