Central Japan Railway (OTCMKTS:CJPRY) Sees Large Decrease in Short Interest

Central Japan Railway (OTCMKTS:CJPRY) saw a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 500 shares, a drop of 99.2% from the March 31st total of 62,400 shares. Based on an average daily volume of 177,600 shares, the days-to-cover ratio is currently 0.0 days.

Central Japan Railway Price Performance

Shares of OTCMKTS CJPRY traded down $0.14 during trading hours on Friday, hitting $11.33. 95,315 shares of the stock were exchanged, compared to its average volume of 61,528. The company has a debt-to-equity ratio of 1.19, a quick ratio of 4.48 and a current ratio of 4.56. The company has a market cap of $22.30 billion, a PE ratio of 12.02 and a beta of 0.30. The company’s fifty day simple moving average is $12.39 and its two-hundred day simple moving average is $12.16. Central Japan Railway has a 1-year low of $10.78 and a 1-year high of $13.53.

Central Japan Railway (OTCMKTS:CJPRY) last posted its quarterly earnings results on Tuesday, January 30th. The company reported $0.43 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.24) by $0.67. The firm had revenue of $3.08 billion for the quarter. On average, sell-side analysts predict that Central Japan Railway will post 1.18 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.