Stocks

Central Japan Railway (OTCMKTS:CJPRY) Short Interest Update

Published December 30, 2024

As of December 2024, Central Japan Railway (OTCMKTS:CJPRY) has reported a significant rise in its short interest. The latest data, as of December 15, indicates that short interest reached 118,600 shares, marking an increase of 55.2% compared to the 76,400 shares noted on November 30. Given the average daily trading volume of 570,900 shares, this results in a short-interest ratio of 0.2 days.

Performance of Central Japan Railway Stock

Trading for Central Japan Railway commenced at a price of $9.34 on a recent Monday. Throughout the past year, the stock has experienced a low of $9.02 and a high of $13.53. Key financial metrics for the company show a debt-to-equity ratio of 1.09, a current ratio of 4.16, and a quick ratio of 4.09. Central Japan Railway’s market capitalization is valued at $18.38 billion, with a price-to-earnings ratio of 6.53 and a beta value of 0.36. The stock's fifty-day moving average stands at $9.98, while the 200-day moving average is $10.73.

On October 29, Central Japan Railway disclosed its quarterly earnings, reporting earnings per share (EPS) of $0.39 for the period. The company achieved a return on equity of 10.21% and a net profit margin of 19.15%. For that quarter, the revenue was approximately $5.87 billion. Analysts forecast that Central Japan Railway will have an EPS of 1.39 for the ongoing fiscal year.

Overview of Central Japan Railway

Central Japan Railway Company is actively involved in railway operations and related businesses across Japan. It operates through multiple segments, including Transportation, Merchandise and Other, Real Estate, and Others. A significant part of its operations includes the Tokaido Shinkansen, a crucial railway line connecting the major urban hubs of Tokyo, Nagoya, and Osaka, in addition to a network of 12 local lines focusing on the Nagoya and Shizuoka areas.

Additional Insights

The stock market is always evolving, and investors keep a close eye on companies like Central Japan Railway. It's essential to stay informed about recent developments, stock performance, and market trends.

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