Central Japan Railway Co. (OTCMKTS:CJPRY) Short Interest Up 181.7% in June

Central Japan Railway Co. (OTCMKTS:CJPRY) was the target of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 83,056 shares, an increase of 181.7% from the June 15th total of 29,482 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 600,148 shares, the short-interest ratio is currently 0.1 days.

Central Japan Railway Stock Performance

Shares of OTCMKTS:CJPRY opened at $11.43 on Wednesday. The company has a current ratio of 2.29, a quick ratio of 2.22 and a debt-to-equity ratio of 0.92. The company has a 50-day moving average price of $10.85 and a 200-day moving average price of $12.73. The company has a market cap of $22.89 billion, a price-to-earnings ratio of 6.05 and a beta of 0.17. Central Japan Railway has a 12 month low of $10.03 and a 12 month high of $15.68.

Central Japan Railway (OTCMKTS:CJPRY) last posted its earnings results on Wednesday, April 29th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.09. The company had revenue of $3.08 billion for the quarter, compared to analysts’ expectations of $3.10 billion. Central Japan Railway had a return on equity of 11.18% and a net margin of 27.67%. As a group, equities analysts anticipate that Central Japan Railway will post 1.56 EPS for the current year.

About Central Japan Railway

Central Japan Railway Company (JR Central) is a major Japanese passenger rail operator best known for running the Tokaido Shinkansen high‑speed rail line, which connects the Tokyo, Nagoya and Osaka corridors. The company’s core activities center on intercity high‑speed transport as well as conventional commuter and regional rail services across the Chubu and Tokaido regions of central Japan. JR Central operates and maintains rolling stock, station facilities and the infrastructure necessary to deliver frequent, high‑capacity passenger service on one of the busiest rail corridors in the world.

Beyond train operations, JR Central derives revenue from a range of railway‑related businesses including station retail and commercial leases, real estate and property development around major stations, hotel and travel services, and peripheral retail and restaurant operations.