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Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Shares Gap Down - Here's Why

Nippon Yusen Kabushiki Kaisha logo with Transportation background

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $7.00, but opened at $6.69. Nippon Yusen Kabushiki Kaisha shares last traded at $6.89, with a volume of 2,216 shares traded.

Nippon Yusen Kabushiki Kaisha Stock Down 0.3%

The firm's 50-day moving average price is $6.90 and its 200-day moving average price is $6.74. The company has a market cap of $15.15 billion, a price-to-earnings ratio of 4.99 and a beta of 1.09. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 1.21.

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

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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