Central Japan Railway (OTCMKTS:CJPRY) was the target of a significant decrease in short interest during the month of December. As of December 31st, there was short interest totalling 100 shares, a decrease of 96.0% from the December 15th total of 2,500 shares. Based on an average daily volume of 229,200 shares, the days-to-cover ratio is presently 0.0 days.
Separately, Zacks Investment Research raised shares of Central Japan Railway from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a report on Tuesday, December 28th.
OTCMKTS CJPRY traded down $0.30 during trading on Friday, hitting $12.77. 99,328 shares of the company’s stock traded hands, compared to its average volume of 122,182. The stock has a market capitalization of $26.31 billion, a price-to-earnings ratio of -20.60 and a beta of 0.27. Central Japan Railway has a 12-month low of $12.42 and a 12-month high of $17.18. The company has a debt-to-equity ratio of 1.32, a quick ratio of 3.39 and a current ratio of 3.43. The business has a 50 day moving average of $13.91 and a 200-day moving average of $14.52.
Central Japan Railway Company Profile
Central Japan Railway Co engages in the operation of railway services. It operates through the following segments: Transportation, Merchandise, Real Estate, and Others. The Transportation segment involves railway and bus transportation services. The Merchandise segment manages department stores and also provides sales services of goods, and food in stations and trains.
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