Central Japan Railway (OTCMKTS:CJPRY) Share Price Breaks Above 50 Day Moving Average – Here’s What Happened

Central Japan Railway Co. (OTCMKTS:CJPRY)’s share price crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $12.03 and traded as high as $12.22. Central Japan Railway shares last traded at $12.17, with a volume of 126,797 shares.

Central Japan Railway Stock Up 2.5%

The firm has a market cap of $24.88 billion, a PE ratio of 6.59 and a beta of 0.22. 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 50 day moving average price of $12.04 and a 200-day moving average price of $11.73.

Central Japan Railway (OTCMKTS:CJPRY) last announced its quarterly earnings results on Friday, July 31st. The company reported $0.47 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.01. The company had revenue of $3.09 billion during the quarter, compared to the consensus estimate of $3.04 billion. Central Japan Railway had a net margin of 27.29% and a return on equity of 10.78%. Central Japan Railway has set its FY 2027 guidance at 1.500-1.500 EPS. Research analysts forecast that Central Japan Railway Co. will post 1.59 EPS for the current fiscal year.

Central Japan Railway Company Profile

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.