Central Japan Railway (OTCMKTS:CJPRY) Shares Gap Up - Here's Why

Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $10.76, but opened at $11.60. Central Japan Railway shares last traded at $11.59, with a volume of 759 shares changing hands.

Central Japan Railway Stock Up 7.7%

The company has a market capitalization of $22.81 billion, a price-to-earnings ratio of 7.58 and a beta of 0.35. The business has a fifty day simple moving average of $10.67 and a two-hundred day simple moving average of $9.93. The company has a quick ratio of 2.43, 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 earnings results on Wednesday, April 30th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.18 by $0.09. Central Japan Railway had a return on equity of 10.27% and a net margin of 20.14%. The business had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $2.95 billion. Equities analysts expect 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.

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