Central Japan Railway (OTCMKTS:CJPRY) Hits New 12-Month High - Still a Buy?

Key Points

• Central Japan Railway's share price hit a new 52-week high at $12.93 during trading, closing at $12.61 with a volume of 985 shares.
• The company reported earnings per share (EPS) of $0.51 for the quarter, surpassing analysts' expectations of $0.45, and had a revenue of $3.23 billion.
• Central Japan Railway operates key transportation services, primarily focusing on the Tokaido Shinkansen, which connects major metropolitan areas in Japan.

Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report) shares reached a new 52-week high on Wednesday . The company traded as high as $12.93 and last traded at $12.61, with a volume of 985 shares traded. The stock had previously closed at $12.34.

Central Japan Railway Stock Up 0.2%

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 stock has a market capitalization of $25.37 billion, a P/E ratio of 7.81 and a beta of 0.43. The stock's fifty day simple moving average is $11.22 and its two-hundred day simple moving average is $10.44.

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