Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report)’s stock price gapped up before the market opened on Friday . The stock had previously closed at $7.13, but opened at $7.4893. Nippon Yusen Kabushiki Kaisha shares last traded at $7.35, with a volume of 9,064 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded Nippon Yusen Kabushiki Kaisha to a “hold” rating in a research note on Thursday, May 28th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Nippon Yusen Kabushiki Kaisha has an average rating of “Hold”.
Get Our Latest Research Report on Nippon Yusen Kabushiki Kaisha
Nippon Yusen Kabushiki Kaisha Price Performance
Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report) last released its quarterly earnings results on Thursday, May 14th. The company reported $0.07 earnings per share for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 5.60% and a net margin of 8.73%.The business had revenue of $3.90 billion for the quarter. Equities analysts predict that Nippon Yusen Kabushiki Kaisha will post 0.63 earnings per share for the current fiscal year.
Nippon Yusen Kabushiki Kaisha Company Profile
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.
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