Short Interest in Central Japan Railway (OTCMKTS:CJPRY) Drops By 87.9%

Central Japan Railway (OTCMKTS:CJPRY) was the target of a significant decline in short interest in February. As of February 28th, there was short interest totalling 29,700 shares, a decline of 87.9% from the February 13th total of 244,700 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 380,100 shares, the short-interest ratio is presently 0.1 days.

Central Japan Railway Stock Performance

Central Japan Railway stock traded up $0.06 during mid-day trading on Wednesday, reaching $10.31. 95,410 shares of the company were exchanged, compared to its average volume of 226,039. Central Japan Railway has a twelve month low of $8.74 and a twelve month high of $13.53. The company has a debt-to-equity ratio of 1.04, a quick ratio of 3.42 and a current ratio of 3.27. The firm’s 50-day simple moving average is $9.37 and its two-hundred day simple moving average is $10.15. The firm has a market cap of $20.29 billion, a PE ratio of 6.97 and a beta of 0.27.

Central Japan Railway (OTCMKTS:CJPRY) last released its quarterly earnings results on Monday, February 3rd. The company reported $0.48 EPS for the quarter. Central Japan Railway had a net margin of 19.65% and a return on equity of 10.08%. Equities analysts predict that Central Japan Railway will post 1.35 earnings per share 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.