Central Japan Railway (OTCMKTS:CJPRY) Hits New 1-Year High - What's Next?

Key Points

• Central Japan Railway's stock price reached a new 12-month high of $14.41, closing the trading day at the same price with a volume of 15,019 shares.
• The company reported earnings of $0.51 per share for the last quarter, exceeding analysts' expectations of $0.45, and achieved a revenue of $3.23 billion, surpassing predictions of $3.13 billion.
• Central Japan Railway has a market cap of $28.35 billion, a PE ratio of 8.73, and strong financial metrics like a net margin of 21.00% and return on equity of 10.85%.

Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $14.41 and last traded at $14.41, with a volume of 15019 shares traded. The stock had previously closed at $14.14.

Central Japan Railway Price Performance

The stock has a market cap of $27.63 billion, a P/E ratio of 8.51 and a beta of 0.33. The firm has a 50-day moving average price of $12.76 and a 200-day moving average price of $11.27. The company has a debt-to-equity ratio of 1.01, a quick ratio of 2.43 and a current ratio of 2.48.

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 analysts' consensus estimates of $0.45 by $0.06. Central Japan Railway had a return on equity of 10.85% and a net margin of 21.00%.The company had revenue of $3.23 billion during the quarter, compared to analyst estimates of $3.13 billion. On average, analysts forecast that Central Japan Railway Co. will post 1.35 earnings per share for the current fiscal 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.