Central Japan Railway (OTCMKTS:CJPRY) Short Interest Down 97.1% in October

Central Japan Railway (OTCMKTS:CJPRY) saw a large drop in short interest in the month of October. As of October 31st, there was short interest totalling 100 shares, a drop of 97.1% from the October 15th total of 3,400 shares. Based on an average daily volume of 408,200 shares, the days-to-cover ratio is presently 0.0 days.

Central Japan Railway Stock Performance

Central Japan Railway stock traded down $0.05 during trading on Tuesday, reaching $10.36. The company had a trading volume of 464,303 shares, compared to its average volume of 131,173. The firm’s 50-day simple moving average is $11.00 and its 200 day simple moving average is $11.05. The company has a current ratio of 4.16, a quick ratio of 4.09 and a debt-to-equity ratio of 1.09. The firm has a market capitalization of $20.39 billion, a price-to-earnings ratio of 7.24 and a beta of 0.35. Central Japan Railway has a 52 week low of $9.98 and a 52 week high of $13.53.

Central Japan Railway (OTCMKTS:CJPRY) last posted its earnings results on Tuesday, October 29th. The company reported $0.39 earnings per share for the quarter. The company had revenue of $5.87 billion during the quarter. Central Japan Railway had a return on equity of 10.21% and a net margin of 19.15%. Sell-side analysts forecast that Central Japan Railway will post 1.3 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.