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

Shares of Central Japan Railway Co. (OTCMKTS:CJPRY) gapped up prior to trading on Thursday . The stock had previously closed at $12.81, but opened at $13.55. Central Japan Railway shares last traded at $13.10, with a volume of 5,222 shares changing hands.

Central Japan Railway Trading Up 2.3%

The company has a market cap of $25.78 billion, a PE ratio of 7.32 and a beta of 0.27. The company has a quick ratio of 2.84, a current ratio of 2.91 and a debt-to-equity ratio of 0.98. The stock’s 50 day moving average is $13.79 and its 200-day moving average is $12.28.

Central Japan Railway (OTCMKTS:CJPRY) last announced its earnings results on Wednesday, October 29th. The company reported $0.53 earnings per share for the quarter, beating analysts’ consensus estimates of $0.52 by $0.01. The company had revenue of $3.32 billion during the quarter, compared to analyst estimates of $3.23 billion. Central Japan Railway had a return on equity of 11.33% and a net margin of 27.03%. As a group, sell-side analysts anticipate that Central Japan Railway Co. will post 1.35 EPS for the current year.

About Central Japan Railway

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 a network of 12 conventional lines centered on the Nagoya and Shizuoka areas.