Central Japan Railway (OTCMKTS:CJPRY) Shares Climb 9.1% – Should You Buy?

Central Japan Railway Co. (OTCMKTS:CJPRY – Get Free Report)’s share price was up 9.1% on Thursday. The stock traded as high as $13.76 and last traded at $13.74. 2,321 shares were traded during mid-day trading, a decline of 98% from the average session volume of 105,228 shares. The stock had previously closed at $12.59.

Central Japan Railway Trading Up 3.6%

The stock has a market capitalization of $27.19 billion, a price-to-earnings ratio of 7.55 and a beta of 0.25. The company has a debt-to-equity ratio of 0.88, a quick ratio of 1.90 and a current ratio of 1.98. The business has a 50-day moving average of $12.10 and a 200-day moving average of $12.39.

Central Japan Railway (OTCMKTS:CJPRY – Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.08). The firm had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.16 billion. Central Japan Railway had a return on equity of 10.50% and a net margin of 26.67%. As a group, research analysts forecast that Central Japan Railway Co. will post 1.61 EPS for the current year.

Central Japan Railway Company Profile

(Get Free Report)

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.

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