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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

Key Points

  • Nippon Yusen Kabushiki Kaisha experienced a significant increase in trading volume, with approximately 112,535 shares traded, marking a 203% rise from the previous session's volume.
  • The stock has a market cap of $15.73 billion and reported earnings of $0.14 per share for the recent quarter.
  • Goldman Sachs has upgraded the company's rating to "hold", reflecting a more cautious outlook amidst fluctuating market conditions.
  • Five stocks to consider instead of Nippon Yusen Kabushiki Kaisha.

Shares of Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 112,535 shares were traded during mid-day trading, an increase of 203% from the previous session's volume of 37,130 shares.The stock last traded at $7.25 and had previously closed at $7.21.

Analyst Ratings Changes

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

Check Out Our Latest Analysis on Nippon Yusen Kabushiki Kaisha

Nippon Yusen Kabushiki Kaisha Trading Down 2.1%

The stock has a fifty day moving average of $7.13 and a 200-day moving average of $6.95. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.21 and a current ratio of 1.33. The company has a market cap of $15.37 billion, a PE ratio of 5.62 and a beta of 1.09.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $0.14 earnings per share for the quarter. The business had revenue of $4.16 billion during the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 13.54% and a net margin of 16.48%.

About Nippon Yusen Kabushiki Kaisha

(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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