Central Japan Railway (OTCMKTS:CJPRY) Shares Gap Up - Still a Buy?

Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report)'s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $10.58, but opened at $10.92. Central Japan Railway shares last traded at $10.92, with a volume of 21,122 shares changing hands.

Central Japan Railway Trading Down 0.0%

The business's fifty day moving average is $10.63 and its 200-day moving average is $9.92. The stock has a market capitalization of $21.12 billion, a PE ratio of 7.01 and a beta of 0.35. The company has a quick ratio of 3.20, a current ratio of 2.48 and a debt-to-equity ratio of 1.01.

Central Japan Railway (OTCMKTS:CJPRY - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.09. Central Japan Railway had a net margin of 20.14% and a return on equity of 10.27%. The firm had revenue of $3.26 billion for the quarter, compared to analysts' expectations of $2.95 billion. As a group, analysts anticipate 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.