Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Reaches New 52-Week High - Here's Why

Key Points

• Nippon Yusen Kabushiki Kaisha recently reached a 52-week high of $7.61 per share, with a final trading price of $7.58.
• The company's stock has been upgraded to a "hold" rating by Goldman Sachs, contributing to a consensus rating of hold from analysts.
• In its latest earnings report, Nippon Yusen Kabushiki Kaisha reported a $0.14 EPS and $4.16 billion in revenue for the quarter, with a net margin of 16.48%.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) shares hit a new 52-week high on Wednesday . The stock traded as high as $7.61 and last traded at $7.58, with a volume of 2407 shares. The stock had previously closed at $7.46.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group raised shares of Nippon Yusen Kabushiki Kaisha to a "hold" rating in a research note on Tuesday, June 24th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of "Hold".

Nippon Yusen Kabushiki Kaisha Price Performance

The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.44 and a current ratio of 1.55. The stock's 50-day moving average is $7.21 and its 200 day moving average is $7.01. The stock has a market capitalization of $16.11 billion, a PE ratio of 5.89 and a beta of 1.08.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $0.14 EPS for the quarter. The firm 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 13.49%.

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.