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

Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report) saw a significant growth in short interest in the month of May. As of May 31st, there was short interest totalling 170,600 shares, a growth of 99.8% from the May 15th total of 85,400 shares. Currently, 0.0% of the company's shares are sold short. Based on an average trading volume of 134,100 shares, the days-to-cover ratio is currently 1.3 days.

Central Japan Railway Stock Down 0.7%

Shares of CJPRY traded down $0.08 on Tuesday, reaching $10.58. The stock had a trading volume of 39,131 shares, compared to its average volume of 66,822. The company has a 50-day simple moving average of $10.59 and a 200-day simple moving average of $9.90. Central Japan Railway has a 12-month low of $8.74 and a 12-month high of $12.50. The firm has a market capitalization of $20.82 billion, a price-to-earnings ratio of 6.92 and a beta of 0.35. The company has a debt-to-equity ratio of 1.04, a quick ratio of 3.20 and a current ratio of 3.27.

Central Japan Railway (OTCMKTS:CJPRY - Get Free Report) last posted its earnings results on Wednesday, April 30th. The company reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.18 by $0.09. Central Japan Railway had a net margin of 20.14% and a return on equity of 10.41%. The business had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $2.95 billion. Sell-side analysts predict that Central Japan Railway will post 1.35 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.