Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 153,416 shares, an increase of 1,902.3% from the June 15th total of 7,662 shares. Based on an average daily volume of 370,968 shares, the short-interest ratio is currently 0.4 days. Currently, 0.0% of the company’s stock are short sold.
Wall Street Analyst Weigh In
Separately, Zacks Research raised Nippon Yusen Kabushiki Kaisha to a “hold” rating in a research report on Thursday, May 28th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.
Read Our Latest Analysis on Nippon Yusen Kabushiki Kaisha
Nippon Yusen Kabushiki Kaisha Stock Down 1.8%
Nippon Yusen Kabushiki Kaisha (OTCMKTS:NPNYY – Get Free Report) last posted its earnings results on Thursday, May 14th. The company reported $0.07 EPS for the quarter. The business had revenue of $3.90 billion for the quarter. Nippon Yusen Kabushiki Kaisha had a net margin of 8.73% and a return on equity of 5.60%. Analysts predict that Nippon Yusen Kabushiki Kaisha will post 0.63 EPS for the current year.
About Nippon Yusen Kabushiki Kaisha
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.
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