Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Shares Gap Up - Time to Buy?

Key Points

• Nippon Yusen Kabushiki Kaisha's share price opened at $7.02, up from a previous close of $6.72, but last traded at $6.71 with a trading volume of 1,483 shares.
• The stock has received a rating upgrade to "hold" from The Goldman Sachs Group, contributing to a consensus rating of “Hold” among analysts.
• The company reported earnings of $0.14 per share with a revenue of $4.16 billion for the last quarter, achieving a net margin of 16.48%.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report)'s share price gapped up before the market opened on Wednesday . The stock had previously closed at $6.72, but opened at $7.02. Nippon Yusen Kabushiki Kaisha shares last traded at $6.71, with a volume of 1,483 shares trading hands.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded shares of Nippon Yusen Kabushiki Kaisha to a "hold" rating in a research report on Tuesday, June 24th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold".

Nippon Yusen Kabushiki Kaisha Stock Down 0.4%

The company has a market cap of $14.52 billion, a price-to-earnings ratio of 5.31 and a beta of 1.12. The company has a current ratio of 1.55, a quick ratio of 1.44 and a debt-to-equity ratio of 0.27. The firm's fifty day moving average price is $7.09 and its 200-day moving average price is $7.00.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) last announced its earnings results on Tuesday, August 5th. The company reported $0.14 earnings per share for the quarter. The firm had revenue of $4.16 billion during the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 16.48% and a return on equity of 13.49%.

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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