CENT JAPAN RWY/ADR (OTCMKTS:CJPRY) Trading Up 2.7%
CENT JAPAN RWY/ADR (OTCMKTS:CJPRY) was up 2.7% during mid-day trading on Friday . The company traded as high as $20.44 and last traded at $20.41, approximately 8,340 shares changed hands during mid-day trading. A decline of 83% from the average daily volume of 48,730 shares. The stock had previously closed at $19.86.
Separately, Zacks Investment Research upgraded shares of CENT JAPAN RWY/ADR from a “hold” rating to a “strong-buy” rating and set a $23.00 price objective for the company in a report on Friday, August 2nd.
The company has a debt-to-equity ratio of 1.35, a quick ratio of 5.51 and a current ratio of 5.58. The firm’s fifty day simple moving average is $19.79 and its 200-day simple moving average is $20.94. The stock has a market cap of $40.02 billion, a P/E ratio of 10.05, a price-to-earnings-growth ratio of 9.18 and a beta of 0.30.
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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