Central Japan Railway (OTCMKTS:CJPRY) Shares Cross Below Fifty Day Moving Average – Time to Sell?

Central Japan Railway Co. (OTCMKTS:CJPRY)’s stock price crossed below its fifty day moving average during trading on Friday. The stock has a fifty day moving average of $12.20 and traded as low as $11.45. Central Japan Railway shares last traded at $11.49, with a volume of 123,180 shares traded.

Central Japan Railway Price Performance

The company has a fifty day simple moving average of $12.20 and a 200 day simple moving average of $11.89. The stock has a market capitalization of $22.87 billion, a price-to-earnings ratio of 6.21 and a beta of 0.22. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.90 and a current ratio of 1.98.

Central Japan Railway (OTCMKTS:CJPRY) last issued its quarterly earnings data on Friday, July 31st. The company reported $0.47 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.46 by $0.01. The company had revenue of $3.09 billion during the quarter, compared to the consensus estimate of $3.04 billion. Central Japan Railway had a return on equity of 10.78% and a net margin of 27.29%.Central Japan Railway has set its FY 2027 guidance at 1.500-1.500 EPS. Equities research analysts forecast that Central Japan Railway Co. will post 1.59 EPS for the current fiscal year.

Central Japan Railway Company Profile

Central Japan Railway Co, Ltd., commonly known as JR Central, is a Japanese passenger railway company headquartered in Nagoya, Aichi Prefecture. The company was established in 1987 following the breakup and privatization of Japan National Railways and serves as one of the companies comprising the Japan Railways Group.

JR Central’s principal business is railway transportation, including operation of the Tokaido Shinkansen, which connects Tokyo, Nagoya and Osaka through some of Japan’s most important business and population centers.