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

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report) was the target of a large drop in short interest in July. As of July 15th, there was short interest totaling 89,859 shares, a drop of 41.4% from the June 30th total of 153,416 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 275,736 shares, the days-to-cover ratio is presently 0.3 days.

Wall Street Analysts Forecast Growth

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

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Nippon Yusen Kabushiki Kaisha Stock Performance

Shares of OTCMKTS:NPNYY opened at $7.76 on Friday. Nippon Yusen Kabushiki Kaisha has a 52 week low of $6.04 and a 52 week high of $8.01. The stock has a market capitalization of $15.73 billion, a P/E ratio of 11.58 and a beta of 0.75. The firm has a fifty day simple moving average of $6.82 and a two-hundred day simple moving average of $6.97. The company has a quick ratio of 0.91, a current ratio of 0.99 and a debt-to-equity ratio of 0.30.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report) last posted its earnings results on Thursday, May 14th. The company reported $0.07 earnings per share for the quarter. The firm had revenue of $3.90 billion for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 8.73% and a return on equity of 5.60%. On average, analysts expect that Nippon Yusen Kabushiki Kaisha will post 0.63 earnings per share for the current fiscal year.

About Nippon Yusen Kabushiki Kaisha

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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.

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