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

Key Points

• Shares gapped up — NPNYY opened at $7.53 vs a prior close of $7.19 and last traded at $7.58, up about 5.4% on roughly 11,581 shares.
• Valuation and recent results: the stock has a market cap of $16.44 billion and a P/E of 10.52, and the company reported $0.13 EPS on $4.09 billion in revenue with a net margin of 9.44% and ROE of 7.26% for the quarter.
• Nippon Yusen Kabushiki Kaisha (NYK Line) is one of the world’s oldest and largest shipping and logistics groups, part of the Mitsubishi keiretsu, offering sea, land and air logistics globally.

Shares of Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $7.19, but opened at $7.53. Nippon Yusen Kabushiki Kaisha shares last traded at $7.58, with a volume of 11,581 shares.

Nippon Yusen Kabushiki Kaisha Trading Up 5.4%

The stock has a market capitalization of $16.44 billion, a P/E ratio of 10.52 and a beta of 1.08. The stock's fifty day moving average price is $6.72 and its two-hundred day moving average price is $6.70. The company has a current ratio of 0.95, a quick ratio of 0.88 and a debt-to-equity ratio of 0.30.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) last released its earnings results on Wednesday, February 4th. The company reported $0.13 EPS for the quarter. The company had revenue of $4.09 billion for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 9.44% and a return on equity of 7.26%.

Nippon Yusen Kabushiki Kaisha Company Profile

Nippon Yusen Kabushiki Kaisha (NYK Line) is one of the world's oldest and largest shipping companies, tracing its roots back to 1885 when it was established in Tokyo, Japan. Over more than a century of operations, the company has grown from a modest coastal carrier into a global maritime and logistics provider. NYK is a core member of the Mitsubishi keiretsu and plays a prominent role in international trade by connecting major ports across Asia, Europe, the Americas and beyond.

The company's principal business activities encompass sea, land and air logistics.

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