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

Key Points

• Central Japan Railway shares hit a new 52-week high of $12.95, reflecting strong trading activity with a total volume of 20,523 shares.
• The company reported a quarterly earnings per share (EPS) of $0.51, surpassing estimates, with revenues of $3.23 billion, exceeding expectations of $3.13 billion.
• Central Japan Railway operates primarily through the Tokaido Shinkansen and a network of conventional lines, connecting major metropolitan areas in Japan.

Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report) shares reached a new 52-week high during trading on Tuesday . The company traded as high as $12.95 and last traded at $12.90, with a volume of 20523 shares trading hands. The stock had previously closed at $12.89.

Central Japan Railway Stock Performance

The firm has a market capitalization of $25.92 billion, a PE ratio of 7.98 and a beta of 0.43. The company has a current ratio of 2.48, a quick ratio of 2.43 and a debt-to-equity ratio of 1.01. The business's 50 day simple moving average is $11.43 and its two-hundred day simple moving average is $10.56.

Central Japan Railway (OTCMKTS:CJPRY - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $0.51 EPS for the quarter, beating analysts' consensus estimates of $0.45 by $0.06. The firm had revenue of $3.23 billion during the quarter, compared to the consensus estimate of $3.13 billion. Central Japan Railway had a net margin of 21.00% and a return on equity of 10.85%. Research analysts expect that Central Japan Railway Co. will post 1.35 earnings per share for the current fiscal year.

Central Japan Railway Company Profile

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.