Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Short Interest Update

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 89,859 shares, a decrease of 41.4% from the June 30th total of 153,416 shares. Based on an average trading volume of 275,736 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the company are short sold.

Nippon Yusen Kabushiki Kaisha Stock Performance

Shares of NPNYY stock traded up $0.43 during trading on Thursday, reaching $7.97. 17,331 shares of the company’s stock traded hands, compared to its average volume of 90,176. The company has a market capitalization of $16.15 billion, a P/E ratio of 11.90 and a beta of 0.75. The company has a current ratio of 0.99, a quick ratio of 0.91 and a debt-to-equity ratio of 0.30. The firm’s 50-day moving average is $6.78 and its 200 day moving average is $6.95. Nippon Yusen Kabushiki Kaisha has a 1 year low of $6.04 and a 1 year high of $8.01.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last issued its earnings results on Thursday, May 14th. The company reported $0.07 earnings per share (EPS) for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 8.73% and a return on equity of 5.60%. The business had revenue of $3.90 billion for the quarter. Equities research analysts expect that Nippon Yusen Kabushiki Kaisha will post 0.63 EPS for the current year.

Analyst Ratings Changes

Separately, Zacks Research upgraded Nippon Yusen Kabushiki Kaisha to a “hold” rating in a research note on Thursday, May 28th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company currently has a consensus rating of “Hold”.

About Nippon Yusen Kabushiki Kaisha

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.