CENT JAPAN RWY/ADR (OTCMKTS:CJPRY) Downgraded by Zacks Investment Research

Zacks Investment Research downgraded shares of CENT JAPAN RWY/ADR (OTCMKTS:CJPRY) from a hold rating to a strong sell rating in a report released on Monday morning, Zacks.com reports.

According to Zacks, “Central Japan Railway Company operates Tokaido Shinkansen, transportation artery linking metropolitan areas of Tokyo, Nagoya, and Osaka. The company also operates a network of conventional lines centered on the Nagoya and Shizuoka areas. In addition, the company provides bus services, as well as logistics, travel agency, advertising, construction and construction consulting, linen supply, track maintenance, and rolling stock and machinery maintenance services. Further, it involves in the department store operations; wholesale and retail of food and beverages; sale and lease of real estate; hotel business; and development, improvement, and maintenance of computer systems. Central Japan Railway Company is headquartered in Nagoya, Japan. “

Separately, ValuEngine raised shares of CENT JAPAN RWY/ADR from a sell rating to a hold rating in a report on Thursday, July 2nd.

OTCMKTS CJPRY opened at $15.53 on Monday. The company has a market cap of $30.46 billion, a PE ratio of 16.88 and a beta of 0.34. CENT JAPAN RWY/ADR has a 52 week low of $11.66 and a 52 week high of $21.57. The company has a quick ratio of 5.34, a current ratio of 5.41 and a debt-to-equity ratio of 1.23. The firm’s 50-day simple moving average is $14.02 and its two-hundred day simple moving average is $15.39.

CENT JAPAN RWY/ADR (OTCMKTS:CJPRY) last announced its quarterly earnings results on Friday, July 31st. The company reported ($0.34) earnings per share (EPS) for the quarter. CENT JAPAN RWY/ADR had a return on equity of 5.09% and a net margin of 12.91%. The firm had revenue of $1.20 billion during the quarter. As a group, equities research analysts anticipate that CENT JAPAN RWY/ADR will post -0.6 EPS for the current year.

About CENT JAPAN RWY/ADR

Central Japan Railway Company engages in the railway and related businesses in Japan. The company operates through Transportation, Merchandise and Other, Real Estate, and Other segments. It primarily operates Tokaido Shinkansen, a transportation artery that links metropolitan areas of Tokyo, Nagoya, and Osaka, as well as operates a network of 12 conventional lines centered on the Nagoya and Shizuoka areas.

Recommended Story: Trading Strategy Examples and Plans

Get a free copy of the Zacks research report on CENT JAPAN RWY/ADR (CJPRY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for CENT JAPAN RWY/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CENT JAPAN RWY/ADR and related companies with MarketBeat.com's FREE daily email newsletter.