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

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) was the target of a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 153,416 shares, an increase of 1,902.3% from the June 15th total of 7,662 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 370,968 shares, the short-interest ratio is currently 0.4 days.

Nippon Yusen Kabushiki Kaisha Stock Down 1.8%

NPNYY stock traded down $0.12 during midday trading on Friday, hitting $6.60. 53,660 shares of the company’s stock were exchanged, compared to its average volume of 149,363. The stock has a market capitalization of $13.38 billion, a price-to-earnings ratio of 9.85 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 has a 50 day moving average price of $6.75 and a 200-day moving average price of $6.89. 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 announced its quarterly earnings data 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 5.60% and a net margin of 8.73%.The firm had revenue of $3.90 billion during the quarter. On average, analysts anticipate 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 report on Thursday, May 28th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock 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.