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

Central Japan Railway (OTCMKTS:CJPRY) saw a significant decrease in short interest in September. As of September 15th, there was short interest totalling 23,600 shares, a decrease of 30.6% from the August 31st total of 34,000 shares. Based on an average daily volume of 142,000 shares, the days-to-cover ratio is presently 0.2 days.

Central Japan Railway Price Performance

CJPRY stock traded up $0.01 during trading on Friday, hitting $11.42. The company had a trading volume of 38,380 shares, compared to its average volume of 119,741. The business has a 50 day moving average of $11.36 and a 200 day moving average of $11.43. The firm has a market capitalization of $22.47 billion, a price-to-earnings ratio of 11.82 and a beta of 0.34. The company has a current ratio of 4.16, a quick ratio of 4.09 and a debt-to-equity ratio of 1.09. Central Japan Railway has a fifty-two week low of $9.98 and a fifty-two week high of $13.53.

Central Japan Railway (OTCMKTS:CJPRY) last issued its quarterly earnings results on Tuesday, July 30th. The company reported $0.39 earnings per share for the quarter. The company had revenue of $2.79 billion during the quarter. As a group, research analysts predict that Central Japan Railway will post 1.26 earnings per share for the current year.

Central Japan Railway Company Profile

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.