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

total of 157,200 shares. Based on an average daily volume of 1,700 shares, the days-to-cover ratio is presently 22.0 days. The drop in short interest comes as the stock has seen a drop of 7.9% so far in April. Short interest in Central Japan Railway Company (OTCMKTS:CJPRY) stock dropped 76.5% in

In April, the short interest dropped dramatically. On April 15th there were 36,900 short shares. This is 76.5% less than the total of March 31st, which was 157,200. The short-interest rate is currently 0.2 days based on an average trading volume (192,600) of shares.

Central Japan Railway Stock Drops by 0.2 %

The price of the stock fell by $0.02 to $12.41 at midday on Friday. The company's shares were traded at a volume of 23,683 compared to the average of 91 969. The debt-to equity ratio for the company is 1.28. Its current ratio is 3.38, and its quick ratio 3.34. Central Japan Railway's low for the past twelve months is $10.70, and its high for that same period is $13.18. The company last announced its quarterly results on January 30th. The company reported $0.30 in earnings per share for the third quarter. Central Japan Railway's net margin was 15.56% and its return on equity was 5.94%. The company's revenue for the third quarter was $2.73 billion, which is lower than the $2.92 billion consensus estimate. Analysts at Equities Research expect Central Japan Railway to post a 1.12 EPS in the current year.

Central Japan Railway

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Central Japan Railway Co is engaged in the provision of railway services. It is divided into four segments: Transportation (including Merchandise), Real Estate and Others. The Transportation segment includes railway and bus transport services. The Merchandise Segment manages department shops and provides sales services for goods and food at stations and trains.

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