Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 136,699 shares, a growth of 59.0% from the July 30th total of 85,976 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 97,764 shares, the short-interest ratio is currently 1.4 days.
Analyst Ratings Changes
Separately, Zacks Research upgraded Nippon Yusen Kabushiki Kaisha to a “hold” rating in a research report on Thursday, May 28th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.
View Our Latest Stock Report on NPNYY
Nippon Yusen Kabushiki Kaisha Trading Up 1.6%
Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.15 EPS for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 8.88% and a return on equity of 5.54%. The business had revenue of $4.57 billion for the quarter. On average, equities analysts expect that Nippon Yusen Kabushiki Kaisha will post 0.79 EPS for the current fiscal year.
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.
See Also
- Five stocks we like better than Nippon Yusen Kabushiki Kaisha
- Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
- J.M. Smucker Stock’s Rally Has More Than Tariffs Behind It
- Wendy’s Rally Fades After Trian Steps Back: Was It Ever Real?
- GitLab’s Earnings Beat Just Gave Software Bulls a New SaaSpocalypse Test
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.
