Central Japan Railway Co. (OTCMKTS:CJPRY) Sees Significant Increase in Short Interest

Central Japan Railway Co. (OTCMKTS:CJPRY) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 29,482 shares, an increase of 1,682.5% from the May 31st total of 1,654 shares. Based on an average daily volume of 448,244 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Central Japan Railway Stock Performance

Shares of OTCMKTS CJPRY traded down $0.13 during midday trading on Thursday, hitting $10.26. 370,352 shares of the stock traded hands, compared to its average volume of 110,602. The firm has a 50-day moving average of $11.37 and a two-hundred day moving average of $13.05. The firm has a market capitalization of $20.54 billion, a P/E ratio of 5.43 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 one year low of $10.03 and a one year high of $15.68.

Central Japan Railway (OTCMKTS:CJPRY) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.22 by $0.09. The company had revenue of $3.08 billion during the quarter, compared to analyst estimates of $3.10 billion. Central Japan Railway had a return on equity of 11.18% and a net margin of 27.67%. On average, equities analysts forecast that Central Japan Railway will post 1.56 EPS 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.