Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Sees Unusually-High Trading Volume - What's Next?

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.

Shares of Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) saw unusually-strong trading volume on Wednesday . Approximately 112,535 shares traded hands 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 raised shares of Nippon Yusen Kabushiki Kaisha to a "hold" rating in a research report on Tuesday, June 24th.

Nippon Yusen Kabushiki Kaisha Trading Up 1.0%

The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 1.21. The stock has a market capitalization of $15.69 billion, a PE ratio of 5.74 and a beta of 1.09. The stock's 50 day simple moving average is $7.12 and its two-hundred day simple moving average is $6.95.

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

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.