Short Interest in Central Japan Railway (OTCMKTS:CJPRY) Declines By 99.2%

Central Japan Railway (OTCMKTS:CJPRY) was the target of a large decline in short interest during the month of April. As of April 15th, there was short interest totalling 500 shares, a decline of 99.2% from the March 31st total of 62,400 shares. Based on an average daily trading volume, of 177,600 shares, the days-to-cover ratio is presently 0.0 days.

Central Japan Railway Stock Down 1.2 %

Shares of OTCMKTS:CJPRY traded down $0.14 during trading on Friday, hitting $11.33. 95,315 shares of the company were exchanged, compared to its average volume of 104,349. The stock has a market capitalization of $22.30 billion, a P/E ratio of 11.82 and a beta of 0.30. The company has a debt-to-equity ratio of 1.19, a current ratio of 4.56 and a quick ratio of 4.48. Central Japan Railway has a 12-month low of $10.78 and a 12-month high of $13.53. The firm’s 50 day moving average price is $12.39 and its 200-day moving average price is $12.16.

Central Japan Railway (OTCMKTS:CJPRY) last issued its quarterly earnings data on Tuesday, January 30th. The company reported $0.43 earnings per share for the quarter, topping the consensus estimate of ($0.24) by $0.67. The company had revenue of $3.08 billion for the quarter. On average, research analysts predict that Central Japan Railway will post 1.18 earnings per share for the current fiscal year.

Central Japan Railway Company Profile

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.