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

Key Points

• Central Japan Railway Co. (OTCMKTS:CJPRY) experienced a significant **106.0% increase** in short interest in August, growing from 13,400 to 27,600 shares.
• The company's stock traded down **0.9%**, closing at **$14.11** with a market capitalization of **$27.77 billion**.
• In its last quarterly earnings report, Central Japan Railway reported **$0.51 earnings per share**, surpassing analyst expectations of **$0.45** and generating revenues of **$3.23 billion**.

Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report) was the target of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 27,600 shares, a growth of 106.0% from the August 15th total of 13,400 shares. Based on an average daily trading volume, of 57,400 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the company's shares are short sold. Approximately 0.0% of the company's shares are short sold. Based on an average daily trading volume, of 57,400 shares, the short-interest ratio is presently 0.5 days.

Central Japan Railway Trading Down 0.9%

OTCMKTS CJPRY traded down $0.13 during trading hours on Friday, hitting $14.11. The company's stock had a trading volume of 22,684 shares, compared to its average volume of 30,266. The stock has a fifty day moving average of $12.51 and a 200 day moving average of $11.16. Central Japan Railway has a twelve month low of $8.74 and a twelve month high of $14.25. The firm has a market capitalization of $27.77 billion, a P/E ratio of 8.55 and a beta of 0.33. The company has a quick ratio of 2.43, a current ratio of 2.48 and a debt-to-equity ratio of 1.01.

Central Japan Railway (OTCMKTS:CJPRY - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.06. Central Japan Railway had a net margin of 21.00% and a return on equity of 10.85%. The business had revenue of $3.23 billion for the quarter, compared to analyst estimates of $3.13 billion. Equities research analysts forecast that Central Japan Railway will post 1.35 earnings per share for the current fiscal 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.

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