Central Japan Railway (OTCMKTS:CJPRY) Shares Gap Up – Here’s Why

Central Japan Railway Co. (OTCMKTS:CJPRY)’s share price gapped up before the market opened on Monday. The stock had previously closed at $12.0850, but opened at $12.63. Central Japan Railway shares last traded at $12.63, with a volume of 376 shares trading hands.

Central Japan Railway Trading Up 1.4%

The company has a current ratio of 1.98, a quick ratio of 1.90 and a debt-to-equity ratio of 0.88. The firm has a market cap of $25.14 billion, a price-to-earnings ratio of 6.98 and a beta of 0.22. The company has a fifty day moving average price of $12.07 and a 200-day moving average price of $12.41.

Central Japan Railway (OTCMKTS:CJPRY) last announced its earnings results on Wednesday, October 28th. The company reported $0.50 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.08). Central Japan Railway had a net margin of 26.67% and a return on equity of 10.50%. The firm had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.16 billion. As a group, research analysts expect that Central Japan Railway Co. will post 1.61 EPS for the current year.

About Central Japan Railway

Central Japan Railway Company, also known as JR Central, operates passenger railway services primarily in central Japan. Its most prominent business is the Tokaido Shinkansen, the high-speed rail line connecting Tokyo, Nagoya, Kyoto and Osaka. The company also operates conventional railway lines in the Tokai region and provides transportation services for commuters and other passengers.

JR Central’s railway network serves areas including Aichi, Gifu, Shizuoka, Mie, Nagano, Yamanashi and parts of neighboring regions.