Central Japan Railway Co. (OTCMKTS:CJPRY) Short Interest Update

Central Japan Railway Co. (OTCMKTS:CJPRY) was the recipient of a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,654 shares, a decline of 81.7% from the May 14th total of 9,053 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 348,393 shares, the days-to-cover ratio is presently 0.0 days.

Central Japan Railway Stock Performance

Shares of OTCMKTS:CJPRY traded down $0.15 during trading on Friday, reaching $10.49. 109,831 shares of the stock were exchanged, compared to its average volume of 96,437. Central Japan Railway has a 12 month low of $10.25 and a 12 month high of $15.68. The firm has a market cap of $21.00 billion, a PE ratio of 5.55 and a beta of 0.17. The stock has a 50-day moving average price of $11.87 and a 200-day moving average price of $13.26. The company has a current ratio of 2.29, a quick ratio of 2.22 and a debt-to-equity ratio of 0.92.

Central Japan Railway (OTCMKTS:CJPRY) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.09. The business had revenue of $3.08 billion during the quarter, compared to analysts’ expectations of $3.10 billion. Central Japan Railway had a return on equity of 11.18% and a net margin of 27.67%. Research analysts expect that Central Japan Railway will post 1.56 EPS for the current fiscal year.

About Central Japan Railway

Central Japan Railway Company (JR Central) is a major Japanese passenger rail operator best known for running the Tokaido Shinkansen high‑speed rail line, which connects the Tokyo, Nagoya and Osaka corridors. The company’s core activities center on intercity high‑speed transport as well as conventional commuter and regional rail services across the Chubu and Tokaido regions of central Japan. JR Central operates and maintains rolling stock, station facilities and the infrastructure necessary to deliver frequent, high‑capacity passenger service on one of the busiest rail corridors in the world.

Beyond train operations, JR Central derives revenue from a range of railway‑related businesses including station retail and commercial leases, real estate and property development around major stations, hotel and travel services, and peripheral retail and restaurant operations.