Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Short Interest Down 43.2% in May

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 415 shares, a decrease of 43.2% from the May 14th total of 730 shares. Based on an average trading volume of 208,447 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are short sold.

Analysts Set New Price Targets

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

Get Nippon Yusen Kabushiki Kaisha alerts:

View Our Latest Report on NPNYY

Nippon Yusen Kabushiki Kaisha Trading Down 0.9%

Shares of Nippon Yusen Kabushiki Kaisha stock traded down $0.06 on Tuesday, reaching $6.80. The company had a trading volume of 3,332 shares, compared to its average volume of 79,624. The firm’s 50 day moving average price is $7.14 and its two-hundred day moving average price is $6.86. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.88 and a current ratio of 0.95. Nippon Yusen Kabushiki Kaisha has a 52-week low of $6.05 and a 52-week high of $8.01. The firm has a market cap of $13.78 billion, a PE ratio of 10.15 and a beta of 0.77.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report) last posted 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 net margin of 8.73% and a return on equity of 5.69%. The firm had revenue of $3.90 billion during the quarter. Sell-side analysts predict that Nippon Yusen Kabushiki Kaisha will post 0.63 earnings per share for the current fiscal year.

Nippon Yusen Kabushiki Kaisha Company Profile

(Get Free Report)

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.

Read More

• Five stocks we like better than Nippon Yusen Kabushiki Kaisha
• Goldman’s S&P 500 Target Looks More Reachable After the Latest Rally
• 3 Stocks Diluting Shareholders to Fund Big Long-Term Opportunities
• Father’s Day Investing: 3 Stocks Built for Long-Term Returns
• This Golden Cross Could Send Urban Outfitters to New Highs

Receive News & Ratings for Nippon Yusen Kabushiki Kaisha Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nippon Yusen Kabushiki Kaisha and related companies with MarketBeat.com's FREE daily email newsletter.