Central Japan Railway (OTCMKTS:CJPRY) Sees Unusually-High Trading Volume – Here’s What Happened

Central Japan Railway Co. (OTCMKTS:CJPRYGet Free Report) shares saw unusually-strong trading volume on Thursday . 139,439 shares traded hands during trading, an increase of 20% from the previous session’s volume of 115,748 shares.The stock last traded at $10.7330 and had previously closed at $10.6388.

Central Japan Railway Stock Up 3.2%

The firm’s 50-day moving average price is $11.08 and its two-hundred day moving average price is $12.92. The company has a debt-to-equity ratio of 0.92, a quick ratio of 2.22 and a current ratio of 2.29. The firm has a market cap of $21.49 billion, a PE ratio of 5.68 and a beta of 0.17.

Central Japan Railway (OTCMKTS:CJPRYGet Free Report) last posted its earnings results on Wednesday, April 29th. The company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.22 by $0.09. Central Japan Railway had a net margin of 27.67% and a return on equity of 11.18%. The firm had revenue of $3.08 billion for the quarter, compared to the consensus estimate of $3.10 billion. As a group, equities research analysts expect that Central Japan Railway Co. will post 1.56 EPS for the current fiscal year.

About Central Japan Railway

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Central Japan Railway Company (JR Central) is a major Japanese passenger rail operator best known for running the Tokaido Shinkansen high‑speed rail line, which connects the Tokyo, Nagoya and Osaka corridors. The company’s core activities center on intercity high‑speed transport as well as conventional commuter and regional rail services across the Chubu and Tokaido regions of central Japan. JR Central operates and maintains rolling stock, station facilities and the infrastructure necessary to deliver frequent, high‑capacity passenger service on one of the busiest rail corridors in the world.

Beyond train operations, JR Central derives revenue from a range of railway‑related businesses including station retail and commercial leases, real estate and property development around major stations, hotel and travel services, and peripheral retail and restaurant operations.

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