Central Japan Railway Co. (OTCMKTS:CJPRY) Short Interest Down 44.9% in August

Central Japan Railway Co. (OTCMKTS:CJPRY) was the target of a large decrease in short interest in the month of August. As of August 14th, there was short interest totaling 53,885 shares, a decrease of 44.9% from the July 30th total of 97,819 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 79,248 shares, the short-interest ratio is presently 0.7 days.

Central Japan Railway Stock Performance

OTCMKTS:CJPRY opened at $12.28 on Monday. The firm has a market capitalization of $24.59 billion, a PE ratio of 6.64 and a beta of 0.16. Central Japan Railway has a 1 year low of $10.03 and a 1 year high of $15.68. The company has a current ratio of 1.98, a quick ratio of 1.90 and a debt-to-equity ratio of 0.88. The firm’s fifty day simple moving average is $11.64 and its 200 day simple moving average is $12.30.

Central Japan Railway (OTCMKTS:CJPRY) last released its earnings results on Friday, July 31st. The company reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.01. Central Japan Railway had a net margin of 27.29% and a return on equity of 10.78%. The firm had revenue of $3.09 billion during the quarter, compared to analyst estimates of $3.04 billion. Central Japan Railway has set its FY 2027 guidance at 1.500-1.500 EPS. On average, sell-side analysts anticipate that Central Japan Railway will post 1.59 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.