Central Japan Railway (OTCMKTS:CJPRY) Share Price Passes Above 50 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 Thursday . The stock has a 50 day moving average of $9.67 and traded as high as $9.88. Central Japan Railway shares last traded at $9.75, with a volume of 106,081 shares.

Central Japan Railway Stock Performance

The company has a quick ratio of 3.42, a current ratio of 3.27 and a debt-to-equity ratio of 1.04. The stock has a market cap of $19.34 billion, a price-to-earnings ratio of 6.64 and a beta of 0.27. The stock’s fifty day moving average is $9.69 and its 200-day moving average is $9.96.

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, analysts forecast that Central Japan Railway will post 1.35 EPS for the current year.

Central Japan Railway Company Profile

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.