Central Japan Railway Co. (OTCMKTS:CJPRY) Short Interest Update

Key Points

• Central Japan Railway Co. (OTCMKTS:CJPRY) saw a 47.1% increase in short interest in September, rising from 27,600 shares to 40,600 shares.
• The company reported earnings per share of $0.51 for the last quarter, exceeding analysts' expectations of $0.45, with a revenue of $3.23 billion against the estimated $3.13 billion.
• As of the latest trading session, Central Japan Railway's stock is priced at $14.34, with a market cap of $28.22 billion and a PE ratio of 8.69.

Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 40,600 shares, an increase of 47.1% from the August 31st total of 27,600 shares. Based on an average daily volume of 60,900 shares, the short-interest ratio is currently 0.7 days. Based on an average daily volume of 60,900 shares, the short-interest ratio is currently 0.7 days.

Central Japan Railway Stock Performance

Central Japan Railway stock traded up $0.10 during trading hours on Tuesday, hitting $14.34. The company had a trading volume of 3,183 shares, compared to its average volume of 104,017. 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 has a one year low of $8.74 and a one year high of $14.88. The firm has a market cap of $28.22 billion, a PE ratio of 8.69 and a beta of 0.34. The firm has a 50-day moving average of $13.45 and a 200 day moving average of $11.62.

Central Japan Railway (OTCMKTS:CJPRY - Get Free Report) last issued its quarterly earnings results on Tuesday, July 29th. The company reported $0.51 earnings per share 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%. On average, sell-side 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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