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

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) saw a large growth in short interest in June. As of June 15th, there was short interest totaling 7,662 shares, a growth of 1,746.3% from the May 31st total of 415 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 243,222 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analyst Weigh In

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

Nippon Yusen Kabushiki Kaisha Price Performance

Shares of NPNYY stock remained flat at $6.48 on Friday. 99,446 shares of the stock were exchanged, compared to its average volume of 127,832. The company has a quick ratio of 0.91, a current ratio of 0.99 and a debt-to-equity ratio of 0.30. The stock’s 50 day moving average price is $6.91 and its 200-day moving average price is $6.87. The stock has a market capitalization of $13.13 billion, a price-to-earnings ratio of 9.67 and a beta of 0.76. Nippon Yusen Kabushiki Kaisha has a 12 month low of $6.04 and a 12 month high of $8.01.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last posted its quarterly earnings results on Thursday, May 14th. The company reported $0.07 EPS for the quarter. The business had revenue of $3.90 billion during the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 5.60% and a net margin of 8.73%. On average, sell-side analysts forecast that Nippon Yusen Kabushiki Kaisha will post 0.63 earnings per share for the current fiscal year.

Nippon Yusen Kabushiki Kaisha Company Profile

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.