Short Interest in Central Japan Railway (OTCMKTS:CJPRY) Declines By 13.1%

Central Japan Railway (OTCMKTS:CJPRY) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totalling 85,400 shares, a decline of 13.1% from the April 30th total of 98,300 shares. Based on an average daily trading volume, of 119,500 shares, the short-interest ratio is presently 0.7 days. Approximately 0.0% of the shares of the company are sold short.

Central Japan Railway Trading Up 0.7%

OTCMKTS:CJPRY opened at $10.81 on Thursday. Central Japan Railway has a one year low of $8.74 and a one year high of $12.50. The company has a debt-to-equity ratio of 1.04, a current ratio of 3.27 and a quick ratio of 3.42. The firm has a market capitalization of $21.27 billion, a price-to-earnings ratio of 7.30 and a beta of 0.37. The business has a fifty day moving average price of $10.42 and a 200-day moving average price of $9.88.

Central Japan Railway (OTCMKTS:CJPRY) last announced its quarterly earnings results on Wednesday, April 30th. The company reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.09. Central Japan Railway had a net margin of 19.65% and a return on equity of 10.08%. The firm had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $2.95 billion. Sell-side analysts forecast that Central Japan Railway will post 1.35 EPS for the current year.

About Central Japan Railway

Central Japan Railway Company engages in the railway and related businesses in Japan. The company operates through Transportation, Merchandise and Other, Real Estate, and Other segments. It primarily operates Tokaido Shinkansen, a transportation artery that links metropolitan areas of Tokyo, Nagoya, and Osaka, as well as a network of 12 conventional lines centered on the Nagoya and Shizuoka areas.