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

Key Points

• Short interest fell 67.6% to 44,289 shares as of August 31, down from 136,699 shares on August 15. Short interest represented 0.0% of outstanding shares, with a short-interest ratio of 0.6 days.
• Nippon Yusen Kabushiki Kaisha shares rose to $9.50, their 12-month high, while trading above both the 50-day and 200-day moving averages. The company has a $19.25 billion market capitalization and a consensus analyst rating of Hold.
• The company reported quarterly EPS of $0.15 on revenue of $4.57 billion. Analysts expect full-year EPS of approximately $0.79.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totaling 44,289 shares, a decrease of 67.6% from the August 15th total of 136,699 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 68,574 shares, the short-interest ratio is presently 0.6 days.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded shares of 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.com, Nippon Yusen Kabushiki Kaisha has a consensus rating of "Hold".

Nippon Yusen Kabushiki Kaisha Price Performance

OTCMKTS NPNYY traded up $0.18 on Friday, reaching $9.50. 60,738 shares of the stock traded hands, compared to its average volume of 47,211. The firm's fifty day simple moving average is $7.94 and its 200 day simple moving average is $7.38. The company has a quick ratio of 0.91, a current ratio of 0.99 and a debt-to-equity ratio of 0.30. The company has a market cap of $19.25 billion, a price-to-earnings ratio of 13.38 and a beta of 0.67. Nippon Yusen Kabushiki Kaisha has a 12 month low of $6.04 and a 12 month high of $9.50.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.15 EPS for the quarter. The company had revenue of $4.57 billion for the quarter. Nippon Yusen Kabushiki Kaisha had a return on equity of 5.54% and a net margin of 8.88%. As a group, research analysts predict that Nippon Yusen Kabushiki Kaisha will post 0.79 EPS for the current fiscal year.

About Nippon Yusen Kabushiki Kaisha

Nippon Yusen Kabushiki Kaisha, commonly known as NYK Line, is a Japanese transportation and logistics company headquartered in Tokyo. Founded in 1885, the company developed from Japan's early modern shipping industry and has grown into an international provider of marine transportation and supply-chain services.

NYK's businesses include the transportation of automobiles, dry bulk commodities, energy products, and other cargo. The company operates car carriers, bulk vessels, tankers, and liquefied natural gas carriers, while also participating in container shipping through its investment in Ocean Network Express, a joint venture with other major Japanese shipping companies.

In addition to ocean transportation, NYK provides logistics, warehousing, freight forwarding, air cargo, terminal operations, and other supply-chain services.

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