Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Sees Large Increase in Short Interest

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) saw a significant 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. Approximately0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 105,500 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily trading volume, of 105,500 shares, the days-to-cover ratio is presently 0.8 days. Approximately0.0% of the shares of the company are short sold.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded Nippon Yusen Kabushiki Kaisha to a "hold" rating in a research note on Tuesday, June 24th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of "Hold".

Nippon Yusen Kabushiki Kaisha Stock Up 2.7%

OTCMKTS:NPNYY traded up $0.1950 on Friday, hitting $7.2950. 2,241 shares of the company's stock traded hands, compared to its average volume of 37,210. The company has a current ratio of 1.33, a quick ratio of 1.21 and a debt-to-equity ratio of 0.22. Nippon Yusen Kabushiki Kaisha has a 1 year low of $5.68 and a 1 year high of $7.58. The firm has a 50-day moving average price of $7.13 and a 200-day moving average price of $6.96. The company has a market cap of $15.83 billion, a PE ratio of 5.79 and a beta of 1.09.

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

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.