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

Central Japan Railway Co. (OTCMKTS:CJPRY) saw a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 1,654 shares, a decrease of 81.7% from the May 14th total of 9,053 shares. Based on an average daily trading volume, of 348,393 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.

Central Japan Railway Trading Up 1.0%

Shares of CJPRY opened at $10.73 on Wednesday. The company has a current ratio of 2.29, a quick ratio of 2.22 and a debt-to-equity ratio of 0.92. The firm’s 50-day moving average is $11.95 and its two-hundred day moving average is $13.29. Central Japan Railway has a twelve month low of $10.25 and a twelve month high of $15.68. The firm has a market capitalization of $21.49 billion, a P/E ratio of 5.68 and a beta of 0.17.

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 net margin of 27.67% and a return on equity of 11.18%. The company had revenue of $3.08 billion for the quarter, compared to analyst estimates of $3.10 billion. On average, research analysts predict 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.