Short Interest in Central Japan Railway Co. (OTCMKTS:CJPRY) Expands By 60.6%

Key Points

• Short interest in Central Japan Railway Co. increased by 60.6% in July, reaching a total of 112,400 shares by the end of the month.
• The company's stock price recently opened at $13.17, with a market capitalization of $25.92 billion and a price-to-earnings ratio of 7.98.
• Central Japan Railway reported earnings of $0.51 EPS, surpassing estimates, and generated revenue of $3.23 billion for the quarter.

Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report) was the recipient of a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 112,400 shares, anincreaseof60.6% from the July 15th total of 70,000 shares. Based on an average trading volume of 70,600 shares, the days-to-cover ratio is currently 1.6 days. Approximately0.0% of the shares of the stock are short sold. Approximately0.0% of the shares of the stock are short sold. Based on an average trading volume of 70,600 shares, the days-to-cover ratio is currently 1.6 days.

Central Japan Railway Price Performance

OTCMKTS:CJPRY traded up $0.15 during mid-day trading on Friday, reaching $13.34. 19,942 shares of the company were exchanged, compared to its average volume of 118,757. Central Japan Railway has a 12 month low of $8.74 and a 12 month high of $13.56. The company has a fifty day moving average of $11.65 and a 200 day moving average of $10.67. The company has a quick ratio of 2.43, a current ratio of 2.48 and a debt-to-equity ratio of 1.01. The stock has a market cap of $26.25 billion, a PE ratio of 8.08 and a beta of 0.43.

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. Central Japan Railway had a net margin of 21.00% and a return on equity of 10.85%. The firm had revenue of $3.23 billion for the quarter, compared to analyst estimates of $3.13 billion. On average, research analysts anticipate that Central Japan Railway will post 1.35 EPS for the current fiscal 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.