Central Japan Railway (OTCMKTS:CJPRY) Sees Large Decline in Short Interest

Central Japan Railway (OTCMKTS:CJPRY - Get Free Report) was the recipient of a large drop in short interest in September. As of September 15th, there was short interest totalling 23,600 shares, a drop of 30.6% from the August 31st total of 34,000 shares. Based on an average daily volume of 142,000 shares, the days-to-cover ratio is currently 0.2 days.

Central Japan Railway Trading Up 1.0 %

CJPRY traded up $0.11 during trading on Friday, reaching $11.53. The company had a trading volume of 49,725 shares, compared to its average volume of 119,366. The firm's 50-day simple moving average is $11.36 and its 200 day simple moving average is $11.43. The company has a market cap of $22.69 billion, a price-to-earnings ratio of 11.82 and a beta of 0.34. Central Japan Railway has a 12-month low of $9.98 and a 12-month high of $13.53. The company has a debt-to-equity ratio of 1.09, a quick ratio of 4.09 and a current ratio of 4.16.

Central Japan Railway (OTCMKTS:CJPRY - Get Free Report) last issued its quarterly earnings results on Tuesday, July 30th. The company reported $0.39 earnings per share for the quarter. The company had revenue of $2.79 billion during the quarter. Equities research analysts anticipate that Central Japan Railway will post 1.26 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.