Central Japan Railway (OTCMKTS:CJPRY) Shares Down 4.5% - Should You Sell?

Key Points

• Central Japan Railway Co. shares fell 4.5%, closing at $13.25, with trading volume dropping by 99% compared to the average session.
• Despite the stock dip, the company reported earnings per share of $0.51 for the last quarter, exceeding analyst expectations of $0.45.
• The firm's market cap is $27.37 billion with a price-to-earnings ratio of 8.43, indicating a potentially undervalued stock in the market.

Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report) traded down 4.5% during mid-day trading on Monday . The company traded as low as $13.25 and last traded at $13.25. 1,015 shares traded hands during trading, a decline of 99% from the average session volume of 102,824 shares. The stock had previously closed at $13.88.

Central Japan Railway Price Performance

The stock's fifty day moving average price is $13.64 and its 200-day moving average price is $11.74. The firm has a market cap of $27.37 billion, a price-to-earnings ratio of 8.43 and a beta of 0.34. 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 data 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 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%. As a group, equities research analysts forecast 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.

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