Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY) Sees Significant Drop in Short Interest

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) was the recipient of a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 17,800 shares, a decline of 63.0% from the March 15th total of 48,100 shares. Based on an average daily trading volume, of 88,000 shares, the short-interest ratio is presently 0.2 days.

Nippon Yusen Kabushiki Kaisha Stock Up 1.4 %

Shares of OTCMKTS NPNYY traded up $0.08 during mid-day trading on Thursday, reaching $5.30. The company had a trading volume of 52,722 shares, compared to its average volume of 39,521. The stock has a fifty day moving average of $5.97 and a two-hundred day moving average of $5.78. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.98 and a current ratio of 1.09. The company has a market capitalization of $13.52 billion, a price-to-earnings ratio of 7.57 and a beta of 1.40. Nippon Yusen Kabushiki Kaisha has a 12-month low of $4.14 and a 12-month high of $7.05.

Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY - Get Free Report) last posted its quarterly earnings results on Monday, February 5th. The company reported $0.07 earnings per share (EPS) for the quarter. The business had revenue of $4.20 billion during the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 10.61% and a return on equity of 8.69%.

Nippon Yusen Kabushiki Kaisha Company Profile

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.