Central Japan Railway (OTCMKTS:CJPRY) Reaches New 52-Week High - Should You Buy?

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.

Shares of Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report) hit a new 52-week high on Tuesday . The stock 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 Up 0.0%

The firm's 50 day moving average is $11.26 and its two-hundred day moving average is $10.48. The stock has a market cap of $25.38 billion, a price-to-earnings ratio of 7.82 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.

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.