Central Japan Railway Co. (OTCMKTS:CJPRY) Short Interest Down 88.1% in August

Key Points

• Central Japan Railway Co. (OTCMKTS:CJPRY) experienced a dramatic 88.1% decrease in short interest in August, with a total of 13,400 shares short as of August 15th.
• The company's stock traded up 0.5% to $13.33, with a market capitalization of $26.23 billion and a P/E ratio of 8.08.
• Central Japan Railway reported $0.51 EPS for the last quarter, exceeding analyst expectations and achieving a revenue of $3.23 billion.

Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report) saw a significant drop in short interest in August. As of August 15th, there was short interest totaling 13,400 shares, adropof88.1% from the July 31st total of 112,400 shares. Based on an average trading volume of 86,900 shares, the short-interest ratio is currently 0.2 days. Based on an average trading volume of 86,900 shares, the short-interest ratio is currently 0.2 days.

Central Japan Railway Trading Up 0.5%

Shares of OTCMKTS:CJPRY traded up $0.07 during trading hours on Tuesday, hitting $13.33. 23,303 shares of the company's stock traded hands, compared to its average volume of 115,389. Central Japan Railway has a 1 year low of $8.74 and a 1 year high of $13.56. The business has a fifty day moving average price of $12.00 and a 200-day moving average price of $10.90. The firm has a market capitalization of $26.23 billion, a P/E ratio of 8.08 and a beta of 0.33. The company has a debt-to-equity ratio of 1.01, a current ratio of 2.48 and a quick ratio of 2.43.

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

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