Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Shares Down 0.1% - Here's What Happened

Key Points

• Nippon Yusen Kabushiki Kaisha shares decreased by 0.1% to $7.34 during mid-day trading on Friday, with a trading volume of 29,487 shares, down 19% from the average.
• The company's stock rating was upgraded to a "hold" by The Goldman Sachs Group on June 24th.
• For the last quarter, Nippon Yusen Kabushiki Kaisha reported $0.21 earnings per share and revenue of $4.01 billion, with a return on equity of 15.81% and a net margin of 18.49%.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) traded down 0.1% during mid-day trading on Friday . The stock traded as low as $7.30 and last traded at $7.34. 29,487 shares traded hands during trading, a decline of 19% from the average session volume of 36,446 shares. The stock had previously closed at $7.35.

Wall Street Analysts Forecast Growth

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

Nippon Yusen Kabushiki Kaisha Trading Down 0.1%

The company's 50-day moving average is $7.15 and its 200-day moving average is $6.85. The firm has a market cap of $15.93 billion, a price-to-earnings ratio of 5.24 and a beta of 1.04. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.21 and a current ratio of 1.33.

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

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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