Central Japan Railway (OTCMKTS:CJPRY) Shares Climb 9.1% – Should You Buy?

Central Japan Railway Co. (OTCMKTS:CJPRY)’s stock price traded up 9.1% during trading on Thursday. The company traded as high as $13.76 and last traded at $13.74. 2,321 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 105,228 shares. The stock had previously closed at $12.59.

Central Japan Railway Stock Up 3.6%

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’s 50 day simple moving average is $12.10 and its 200-day simple moving average is $12.39. The company has a market capitalization of $27.19 billion, a price-to-earnings ratio of 7.55 and a beta of 0.25.

Central Japan Railway (OTCMKTS:CJPRY) last announced its earnings results on Wednesday, October 28th. The company reported $0.50 EPS for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.08). The company had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.16 billion. Central Japan Railway had a net margin of 26.67% and a return on equity of 10.50%. On average, sell-side analysts anticipate that Central Japan Railway Co. will post 1.61 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.