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

Key Points

• Nippon Yusen Kabushiki Kaisha saw a significant increase in short interest, rising by 114.8% to 84,200 shares as of July 31st.
• The stock received a "hold" rating upgrade from The Goldman Sachs Group on June 24th.
• For the latest quarter, the company reported an EPS of $0.14 and has a market capitalization of $15.69 billion.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) was the recipient of a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 84,200 shares, agrowthof114.8% from the July 15th total of 39,200 shares. Based on an average trading volume of 105,500 shares, the short-interest ratio is presently 0.8 days. Currently,0.0% of the company's shares are short sold. Currently,0.0% of the company's shares are short sold. Based on an average trading volume of 105,500 shares, the short-interest ratio is presently 0.8 days.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded Nippon Yusen Kabushiki Kaisha to a "hold" rating in a report on Tuesday, June 24th.

Nippon Yusen Kabushiki Kaisha Stock Performance

Nippon Yusen Kabushiki Kaisha stock traded up $0.07 during trading hours on Friday, hitting $7.23. 9,341 shares of the stock traded hands, compared to its average volume of 46,503. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.33 and a quick ratio of 1.21. The firm's 50 day moving average price is $7.12 and its 200-day moving average price is $6.95. The stock has a market capitalization of $15.69 billion, a price-to-earnings ratio of 5.74 and a beta of 1.09. Nippon Yusen Kabushiki Kaisha has a 1 year low of $5.68 and a 1 year high of $7.58.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) last issued its earnings results on Tuesday, August 5th. The company reported $0.14 EPS for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 13.54% and a net margin of 16.48%. The firm had revenue of $4.16 billion for the quarter.

About Nippon Yusen Kabushiki Kaisha

Nippon Yusen Kabushiki Kaisha provides various logistics services worldwide. It operates through Liner & Logistics Business, Bulk Shipping Business, and Other Business segments. The company offers liner trading services, such as container shipping, and terminal and stevedoring services for containerships, car carriers, and cruise ships; and air cargo transportation services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.