Short Interest in Central Japan Railway Co. (OTCMKTS:CJPRY) Increases By 987.8%

Central Japan Railway Co. (OTCMKTS:CJPRY) saw a significant growth in short interest in April. As of April 30th, there was short interest totaling 54,857 shares, a growth of 987.8% from the April 15th total of 5,043 shares. Based on an average daily trading volume, of 182,145 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the company are sold short.

Central Japan Railway Stock Down 0.2%

CJPRY opened at $11.38 on Tuesday. Central Japan Railway has a fifty-two week low of $10.27 and a fifty-two week high of $15.68. The company has a debt-to-equity ratio of 0.92, a quick ratio of 2.22 and a current ratio of 2.29. The company has a market capitalization of $22.79 billion, a P/E ratio of 6.02 and a beta of 0.20. The stock has a fifty day moving average of $13.08 and a 200-day moving average of $13.61.

Central Japan Railway (OTCMKTS:CJPRY) last posted its earnings results on Wednesday, April 29th. The company reported $0.31 earnings per share for the quarter, topping analysts’ consensus estimates of $0.22 by $0.09. Central Japan Railway had a return on equity of 11.18% and a net margin of 27.67%.The company had revenue of $3.08 billion during the quarter, compared to the consensus estimate of $3.10 billion. On average, equities analysts expect that Central Japan Railway will post 1.52 EPS for the current year.

Central Japan Railway Company Profile

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.