Central Japan Railway (OTCMKTS:CJPRY) Sees Significant Drop in Short Interest

Central Japan Railway (OTCMKTS:CJPRY - Get Free Report) was the recipient of a significant decline in short interest in the month of 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 days-to-cover ratio is presently 0.1 days.

Central Japan Railway Stock Performance

Shares of Central Japan Railway stock traded down $0.22 during trading on Friday, reaching $10.13. The company's stock had a trading volume of 98,069 shares, compared to its average volume of 220,100. The business's 50-day moving average price is $9.42 and its 200-day moving average price is $10.13. The firm has a market cap of $19.94 billion, a PE ratio of 6.84 and a beta of 0.27. Central Japan Railway has a 52 week low of $8.74 and a 52 week high of $13.53. The company has a quick ratio of 3.42, a current ratio of 3.27 and a debt-to-equity ratio of 1.04.

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

About Central Japan Railway

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.