Central Japan Railway (OTCMKTS:CJPRY) Hits New 12-Month High - Here's Why

Key Points

• Central Japan Railway's stock reached a new 52-week high of $14.24 with a trading volume of 1167 shares.
• The company reported earnings per share of $0.51 for the last quarter, exceeding analyst expectations of $0.45.
• Central Japan Railway has a market capitalization of $27.99 billion and operates the crucial Tokaido Shinkansen railway line in Japan.

Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $14.24 and last traded at $14.24, with a volume of 1167 shares traded. The stock had previously closed at $14.02.

Central Japan Railway Stock Up 1.5%

The firm has a market cap of $27.99 billion, a price-to-earnings ratio of 8.62 and a beta of 0.33. The company has a debt-to-equity ratio of 1.01, a quick ratio of 2.43 and a current ratio of 2.48. The business's 50-day moving average is $12.39 and its 200-day moving average is $11.09.

Central Japan Railway (OTCMKTS:CJPRY - Get Free Report) last posted its quarterly earnings data on Tuesday, July 29th. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.06. The firm had revenue of $3.23 billion during the quarter, compared to analysts' expectations of $3.13 billion. Central Japan Railway had a net margin of 21.00% and a return on equity of 10.85%. On average, equities analysts predict 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.

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