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

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

Analyst Ratings Changes

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

Nippon Yusen Kabushiki Kaisha Price Performance

Shares of OTCMKTS:NPNYY traded down $0.12 on Friday, hitting $6.60. The company had a trading volume of 53,660 shares, compared to its average volume of 149,363. The company has a current ratio of 0.99, a quick ratio of 0.91 and a debt-to-equity ratio of 0.30. Nippon Yusen Kabushiki Kaisha has a 52-week low of $6.04 and a 52-week high of $8.01. The business has a 50 day moving average of $6.75 and a 200 day moving average of $6.89. The company has a market cap of $13.38 billion, a PE ratio of 9.85 and a beta of 0.75.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.07 EPS 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. As a group, equities analysts anticipate that Nippon Yusen Kabushiki Kaisha will post 0.63 earnings per share for the current fiscal 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.