Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Trading Up 1% - Should You Buy?

Key Points

• Nippon Yusen Kabushiki Kaisha shares rose 1% to $7.23 on Friday, despite a significant drop in trading volume, down 81% from the average session volume.
• The company reported $0.14 earnings per share for the quarter, with a revenue of $4.16 billion and a net margin of 16.48%.
• Goldman Sachs upgraded the company's rating to "hold" on June 24th, reflecting a positive outlook for the stock.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report)'s share price shot up 1% during trading on Friday . The stock traded as high as $7.23 and last traded at $7.23. 9,341 shares were traded during trading, a decline of 81% from the average session volume of 48,615 shares. The stock had previously closed at $7.16.

Analysts Set New Price Targets

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

Nippon Yusen Kabushiki Kaisha Price Performance

The stock has a market cap of $15.49 billion, a price-to-earnings ratio of 5.67 and a beta of 1.09. The stock has a fifty day simple moving average of $7.13 and a 200-day simple moving average of $6.95. The company has a current ratio of 1.33, a quick ratio of 1.21 and a debt-to-equity ratio of 0.22.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) last released its earnings results on Tuesday, August 5th. The company reported $0.14 earnings per share (EPS) for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 13.54% and a net margin of 16.48%.The firm had revenue of $4.16 billion for the quarter.

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.