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

Central Japan Railway Co. (OTCMKTS:CJPRY) saw a large growth in short interest in the month of 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 trading volume of 182,145 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

Central Japan Railway Trading Up 0.7%

Central Japan Railway stock traded up $0.08 during midday trading on Wednesday, reaching $11.45. 63,028 shares of the stock traded hands, compared to its average volume of 72,559. The company has a 50-day simple moving average of $13.01 and a two-hundred day simple moving average of $13.59. Central Japan Railway has a 12-month low of $10.27 and a 12-month high of $15.68. The firm has a market cap of $22.93 billion, a PE ratio of 6.06 and a beta of 0.20. 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 announced its earnings results on Wednesday, April 29th. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.09. The company 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 1.52 earnings per share 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.