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

Central Japan Railway Co. (OTCMKTS:CJPRYGet Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 84,916 shares changed hands during trading, a decline of 6% from the previous session’s volume of 90,651 shares.The stock last traded at $10.8180 and had previously closed at $10.62.

Central Japan Railway Trading Up 1.0%

The company has a market capitalization of $21.49 billion, a price-to-earnings ratio of 5.68 and a beta of 0.17. The company has a 50-day moving average price of $12.00 and a 200-day moving average price of $13.31. The company has a quick ratio of 2.22, a current ratio of 2.29 and a debt-to-equity ratio of 0.92.

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

Central Japan Railway Company Profile

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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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