Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Sees Unusually-High Trading Volume - Should You Buy?

Key Points

• Nippon Yusen Kabushiki Kaisha experienced a significant increase in trading volume, with 52,704 shares exchanged, marking a 40% rise from the previous session.
• The stock is currently rated as a "hold" by Goldman Sachs, which upgraded its rating on June 24th.
• For the last quarter, the company reported an earnings per share (EPS) of $0.21 and revenue of $4.01 billion with a net margin of 18.49%.

Shares of Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) saw an uptick in trading volume on Thursday . 52,704 shares traded hands during mid-day trading, an increase of 40% from the previous session's volume of 37,661 shares.The stock last traded at $7.20 and had previously closed at $7.36.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded shares of Nippon Yusen Kabushiki Kaisha to a "hold" rating in a report on Tuesday, June 24th.

Nippon Yusen Kabushiki Kaisha Stock Down 4.1%

The company has a market cap of $15.32 billion, a P/E ratio of 5.04 and a beta of 1.04. The stock's 50-day moving average price is $7.15 and its 200-day moving average price is $6.86. 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 earnings results on Thursday, May 8th. The company reported $0.21 EPS for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 18.49% and a return on equity of 15.81%. The company had revenue of $4.01 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.

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