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

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) saw a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 415 shares, a decline of 43.2% from the May 14th total of 730 shares. Based on an average trading volume of 208,447 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Nippon Yusen Kabushiki Kaisha Stock Down 1.0%

OTCMKTS NPNYY opened at $7.02 on Friday. The business has a fifty day moving average price of $7.16 and a two-hundred day moving average price of $6.85. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.95 and a quick ratio of 0.88. Nippon Yusen Kabushiki Kaisha has a fifty-two week low of $6.05 and a fifty-two week high of $8.01. The stock has a market capitalization of $14.23 billion, a PE ratio of 10.48 and a beta of 0.77.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last released its earnings results on Thursday, May 14th. The company reported $0.07 earnings per share for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 5.69% and a net margin of 8.73%.The firm had revenue of $3.90 billion during the quarter. Equities analysts expect that Nippon Yusen Kabushiki Kaisha will post 0.63 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Nippon Yusen Kabushiki Kaisha to a “hold” rating in a report on Thursday, May 28th. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, Nippon Yusen Kabushiki Kaisha presently 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.