Central Japan Railway (OTCMKTS:CJPRY) Stock Price Crosses Above Fifty Day Moving Average – What’s Next?

Central Japan Railway Co. (OTCMKTS:CJPRY) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $13.75 and traded as high as $13.84. Central Japan Railway shares last traded at $13.39, with a volume of 107,613 shares.

Central Japan Railway Trading Down 0.1%

The company has a current ratio of 2.40, a quick ratio of 2.33 and a debt-to-equity ratio of 0.95. The business’s fifty day simple moving average is $13.75 and its two-hundred day simple moving average is $13.32. The stock has a market capitalization of $25.92 billion, a P/E ratio of 7.48 and a beta of 0.21.

Central Japan Railway (OTCMKTS:CJPRY) last announced its quarterly earnings results on Wednesday, October 29th. The company reported $0.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.01. The firm had revenue of $3.32 billion for the quarter, compared to analyst estimates of $3.23 billion. Central Japan Railway had a net margin of 27.03% and a return on equity of 11.13%. As a group, analysts forecast that Central Japan Railway Co. will post 1.35 earnings per share for the current year.

Central Japan Railway Company Profile

Central Japan Railway Company (JR Central) is a major Japanese passenger rail operator best known for running the Tokaido Shinkansen high‑speed rail line, which connects the Tokyo, Nagoya and Osaka corridors. The company’s core activities center on intercity high‑speed transport as well as conventional commuter and regional rail services across the Chubu and Tokaido regions of central Japan. JR Central operates and maintains rolling stock, station facilities and the infrastructure necessary to deliver frequent, high‑capacity passenger service on one of the busiest rail corridors in the world.

Beyond train operations, JR Central derives revenue from a range of railway‑related businesses including station retail and commercial leases, real estate and property development around major stations, hotel and travel services, and peripheral retail and restaurant operations.