Central Japan Railway Co. (OTCMKTS:CJPRY) Sees Large Growth in Short Interest

Central Japan Railway Co. (OTCMKTS:CJPRY) was the recipient of a significant increase in short interest during 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 days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are sold short.

Central Japan Railway Stock Performance

Shares of Central Japan Railway stock opened at $10.26 on Friday. Central Japan Railway has a one year low of $10.03 and a one year high of $15.68. The company has a market cap of $20.54 billion, a price-to-earnings ratio of 5.43 and a beta of 0.17. The business’s 50 day moving average price is $11.31 and its 200 day moving average price is $13.02. 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 (OTCMKTS:CJPRY) last posted its quarterly earnings results on Wednesday, April 29th. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.22 by $0.09. The business had revenue of $3.08 billion for 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, research analysts predict that Central Japan Railway will post 1.56 EPS for the current 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.