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Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Sees Strong Trading Volume - Here's What Happened

Nippon Yusen Kabushiki Kaisha logo with Transportation background

Shares of Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 57,625 shares were traded during trading, an increase of 55% from the previous session's volume of 37,236 shares.The stock last traded at $7.35 and had previously closed at $7.35.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group raised Nippon Yusen Kabushiki Kaisha to a "hold" rating in a research note on Tuesday, June 24th.

Read Our Latest Research Report on NPNYY

Nippon Yusen Kabushiki Kaisha Price Performance

The business's 50-day simple moving average is $7.14 and its 200 day simple moving average is $6.84. The company has a market capitalization of $15.95 billion, a P/E ratio of 5.25 and a beta of 1.04. The company has a current ratio of 1.33, a quick ratio of 1.21 and a debt-to-equity ratio of 0.22.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.21 EPS for the quarter. The business had revenue of $4.01 billion for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 18.49% and a return on equity of 15.81%.

Nippon Yusen Kabushiki Kaisha Company Profile

(Get Free Report)

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.

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