Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Sees Large Drop in Short Interest

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) was the recipient of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 730 shares, a decline of 96.7% from the April 30th total of 22,394 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 189,053 shares, the days-to-cover ratio is presently 0.0 days.

Nippon Yusen Kabushiki Kaisha Stock Performance

NPNYY stock traded down $0.08 during midday trading on Friday, reaching $6.59. The stock had a trading volume of 158,825 shares, compared to its average volume of 75,016. The stock has a market cap of $13.47 billion, a PE ratio of 9.84 and a beta of 0.82. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.88 and a current ratio of 0.95. The firm has a fifty day simple moving average of $7.30 and a two-hundred day simple moving average of $6.81. Nippon Yusen Kabushiki Kaisha has a 52-week low of $6.05 and a 52-week 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 earnings per share for the quarter. The business had revenue of $3.90 billion for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 5.69% and a net margin of 8.73%.

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.