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

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) was the target of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 136,699 shares, an increase of 59.0% from the July 30th total of 85,976 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 97,764 shares, the short-interest ratio is presently 1.4 days.

Analysts Set New Price Targets

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

Nippon Yusen Kabushiki Kaisha Stock Performance

OTCMKTS:NPNYY opened at $8.78 on Wednesday. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.99 and a quick ratio of 0.91. The firm has a market capitalization of $17.79 billion, a price-to-earnings ratio of 12.37 and a beta of 0.67. Nippon Yusen Kabushiki Kaisha has a one year low of $6.04 and a one year high of $9.06. The business has a fifty day moving average price of $7.49 and a 200-day moving average price of $7.23.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last released its earnings results on Wednesday, August 5th. The company reported $0.15 earnings per share for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 5.54% and a net margin of 8.88%.The company had revenue of $4.57 billion for the quarter. Sell-side analysts forecast that Nippon Yusen Kabushiki Kaisha will post 0.79 EPS for the current year.

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.