Short Interest in Central Japan Railway Co. (OTCMKTS:CJPRY) Declines By 83.5%

Central Japan Railway Co. (OTCMKTS:CJPRY) was the recipient of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 9,053 shares, a decline of 83.5% from the April 30th total of 54,857 shares. Based on an average daily trading volume, of 240,389 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Central Japan Railway Stock Down 0.6%

Shares of CJPRY stock opened at $10.82 on Friday. 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 has a 1 year low of $10.29 and a 1 year high of $15.68. The firm’s fifty day moving average price is $12.33 and its two-hundred day moving average price is $13.42. The firm has a market capitalization of $21.67 billion, a P/E ratio of 5.72 and a beta of 0.20.

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. Central Japan Railway had a net margin of 27.67% and a return on equity of 11.18%. The firm had revenue of $3.08 billion for the quarter, compared to analyst estimates of $3.10 billion. On average, equities analysts predict 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.