Central Japan Railway (OTCMKTS:CJPRY) Stock Price Up 4.9% – Time to Buy?

Central Japan Railway Co. (OTCMKTS:CJPRY)’s share price rose 4.9% during mid-day trading on Thursday. The company traded as high as $14.1340 and last traded at $14.1340. 3,819 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 104,062 shares. The stock had previously closed at $13.48.

Central Japan Railway Stock Up 3.3%

The company’s 50-day moving average is $12.22 and its 200 day moving average is $12.40. The company has a market capitalization of $27.53 billion, a PE ratio of 7.64 and a beta of 0.25. 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 released its quarterly earnings data on Wednesday, October 28th. The company reported $0.50 earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.08). The firm had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.16 billion. Central Japan Railway had a net margin of 26.67% and a return on equity of 10.50%. As a group, analysts anticipate that Central Japan Railway Co. will post 1.61 EPS for the current year.

Central Japan Railway Company Profile

Central Japan Railway Company, also known as JR Central, is a Japanese passenger railway operator. Established in 1987 following the privatization and breakup of Japanese National Railways, the company serves central Japan and operates rail services linking the region with other parts of the country. Its best-known service is the Tokaido Shinkansen, the high-speed rail line connecting Tokyo, Nagoya, Kyoto and Osaka. JR Central also operates conventional railway lines in central Japan, along with related businesses that include retail, real estate, hotels and travel services.