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

Central Japan Railway Co. (OTCMKTS:CJPRY) was the target 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 company’s shares are short sold. Based on an average daily trading volume, of 348,393 shares, the short-interest ratio is currently 0.0 days.

Central Japan Railway Trading Down 2.4%

OTCMKTS CJPRY traded down $0.26 during mid-day trading on Thursday, reaching $10.58. 2,455 shares of the stock were exchanged, compared to its average volume of 94,617. The stock has a market capitalization of $21.18 billion, a PE ratio of 5.60 and a beta of 0.17. The company has a debt-to-equity ratio of 0.92, a quick ratio of 2.22 and a current ratio of 2.29. Central Japan Railway has a 1-year low of $10.25 and a 1-year high of $15.68. The business’s fifty day simple moving average is $11.92 and its 200 day simple moving average is $13.28.

Central Japan Railway (OTCMKTS:CJPRY) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate 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, research analysts anticipate that Central Japan Railway will post 1.56 earnings per share for the current fiscal 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.