East Japan Railway (OTCMKTS:EJPRY) Short Interest Update

East Japan Railway (OTCMKTS:EJPRY) was the recipient of a large growth in short interest in March. As of March 13th, there was short interest totaling 20,819 shares, a growth of 122.3% from the February 26th total of 9,367 shares. Based on an average daily volume of 228,550 shares, the short-interest ratio is currently 0.1 days.

East Japan Railway Stock Down 0.3%

Shares of OTCMKTS EJPRY traded down $0.03 during midday trading on Thursday, hitting $11.34. 32,194 shares of the company’s stock were exchanged, compared to its average volume of 86,838. The business’s fifty day moving average price is $12.16 and its two-hundred day moving average price is $12.39. East Japan Railway has a 12-month low of $9.74 and a 12-month high of $13.59.

East Japan Railway (OTCMKTS:EJPRY) last posted its quarterly earnings data on Monday, February 2nd. The company reported $0.22 earnings per share (EPS) for the quarter. The company had revenue of $5.04 billion for the quarter.

Wall Street Analysts Forecast Growth

Separately, Smbc Nikko Sec. upgraded East Japan Railway to a “hold” rating in a research report on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy”.

East Japan Railway Company Profile

East Japan Railway Company (OTCMKTS:EJPRY) is a leading passenger railway operator in Japan, providing commuter, regional and high-speed rail services primarily across the country’s eastern corridor. Best known for its extensive network in the Tokyo metropolitan area, the company operates conventional lines as well as several Shinkansen bullet train routes, connecting the capital with prefectures to the north and northeast. Through its integrated timetable and ticketing systems, East Japan Railway delivers reliable transport solutions for daily commuters, business travelers and domestic tourists.

In addition to rail operations, the company oversees a diversified portfolio of transportation services, including intercity and long-distance bus routes, as well as regional ferry connections in coastal areas.