Short Interest in Central Japan Railway Co. (OTCMKTS:CJPRY) Rises By 106.0%

Central Japan Railway Co. (OTCMKTS:CJPRY) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 171,124 shares, an increase of 106.0% from the June 30th total of 83,056 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 422,708 shares, the days-to-cover ratio is presently 0.4 days.

Central Japan Railway Price Performance

CJPRY opened at $12.89 on Thursday. The stock has a market cap of $25.81 billion, a price-to-earnings ratio of 6.82 and a beta of 0.17. Central Japan Railway has a 1 year low of $10.03 and a 1 year high of $15.68. The company has a current ratio of 1.80, a quick ratio of 1.74 and a debt-to-equity ratio of 0.90. The stock has a fifty day moving average price of $10.95 and a 200 day moving average price of $12.57.

Central Japan Railway (OTCMKTS:CJPRY) last issued its earnings results on Wednesday, April 29th. The company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.22 by $0.09. Central Japan Railway had a return on equity of 11.11% and a net margin of 27.67%.The company had revenue of $3.08 billion for the quarter, compared to analyst estimates of $3.10 billion. Analysts forecast that Central Japan Railway will post 1.56 EPS 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.