Central Japan Railway (OTCMKTS:CJPRY) Shares Gap Up – What’s Next?

Central Japan Railway Co. (OTCMKTS:CJPRY)’s stock price gapped up before the market opened on Monday. The stock had previously closed at $12.0850, but opened at $12.63. Central Japan Railway shares last traded at $12.63, with a volume of 376 shares.

Central Japan Railway Stock Down 0.6%

The company has a market capitalization of $25.06 billion, a P/E ratio of 6.96 and a beta of 0.25. 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 stock has a 50 day moving average price of $12.08 and a 200 day moving average price of $12.39.

Central Japan Railway (OTCMKTS:CJPRY) last issued its quarterly earnings data on Wednesday, October 28th. The company reported $0.50 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.08). The business had revenue of $3.30 billion during 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%. On average, research analysts anticipate that Central Japan Railway Co. will post 1.61 earnings per share 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.