Short Interest in Central Japan Railway (OTCMKTS:CJPRY) Rises By 99.8%

Central Japan Railway (OTCMKTS:CJPRY) was the target of a large growth in short interest in the month of May. As of May 31st, there was short interest totalling 170,600 shares, a growth of 99.8% from the May 15th total of 85,400 shares. Based on an average daily trading volume, of 134,100 shares, the days-to-cover ratio is presently 1.3 days. Approximately 0.0% of the company’s shares are short sold.

Central Japan Railway Stock Down 0.3%

CJPRY stock opened at $10.67 on Monday. The business has a 50-day moving average of $10.57 and a 200-day moving average of $9.90. 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 stock has a market capitalization of $21.00 billion, a P/E ratio of 7.21 and a beta of 0.35. Central Japan Railway has a fifty-two week low of $8.74 and a fifty-two week high of $12.50.

Central Japan Railway (OTCMKTS:CJPRY) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate 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 company had revenue of $3.26 billion for the quarter, compared to analyst estimates of $2.95 billion. On average, sell-side analysts anticipate that Central Japan Railway will post 1.35 earnings per share for the current fiscal 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.