Central Japan Railway (OTCMKTS:CJPRY) Share Price Passes Above Fifty Day Moving Average – Here’s What Happened

Central Japan Railway (OTCMKTS:CJPRY)’s share price crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $9.48 and traded as high as $10.24. Central Japan Railway shares last traded at $10.23, with a volume of 44,425 shares traded.

Central Japan Railway Price Performance

The company has a debt-to-equity ratio of 1.04, a current ratio of 3.27 and a quick ratio of 3.42. The stock has a 50 day simple moving average of $9.50 and a two-hundred day simple moving average of $10.10. The company has a market cap of $19.54 billion, a price-to-earnings ratio of 6.71 and a beta of 0.27.

Central Japan Railway (OTCMKTS:CJPRY) last announced its quarterly earnings results on Monday, February 3rd. The company reported $0.48 earnings per share for the quarter. Central Japan Railway had a net margin of 19.65% and a return on equity of 10.08%. On average, equities research analysts predict that Central Japan Railway will post 1.35 earnings per share for the current fiscal year.

About Central Japan Railway

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 a network of 12 conventional lines centered on the Nagoya and Shizuoka areas.