CENT JAPAN RWY/ADR (CJPRY) Lowered to “Sell” at Zacks Investment Research
Zacks Investment Research downgraded shares of CENT JAPAN RWY/ADR (OTCMKTS:CJPRY) from a hold rating to a sell rating in a research note issued to investors on Wednesday morning.
According to Zacks, “Central Japan Railway Company operates Tokaido Shinkansen, transportation artery linking metropolitan areas of Tokyo, Nagoya, and Osaka. The company also operates a network of conventional lines centered on the Nagoya and Shizuoka areas. In addition, the company provides bus services, as well as logistics, travel agency, advertising, construction and construction consulting, linen supply, track maintenance, and rolling stock and machinery maintenance services. Further, it involves in the department store operations; wholesale and retail of food and beverages; sale and lease of real estate; hotel business; and development, improvement, and maintenance of computer systems. Central Japan Railway Company is headquartered in Nagoya, Japan. “
Shares of CJPRY opened at $20.10 on Wednesday. CENT JAPAN RWY/ADR has a 1-year low of $17.65 and a 1-year high of $22.12. The stock has a market cap of $41.51 billion, a P/E ratio of 10.47, a P/E/G ratio of 5.25 and a beta of 0.57. The company has a debt-to-equity ratio of 1.50, a current ratio of 7.86 and a quick ratio of 7.76.
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 operates a network of 12 conventional lines centered on the Nagoya and Shizuoka areas.
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