Central Japan Railway (OTCMKTS:CJPRY) Shares Gap Up - Should You Buy?

Key Points

• Central Japan Railway's shares experienced a gap up, opening at $14.59 compared to the previous close of $14.13, signaling increased investor interest.
• The company reported a quarterly earnings per share of $0.51, exceeding analysts' expectations of $0.45, with a revenue of $3.23 billion against an anticipated $3.13 billion.
• With a market capitalization of $28.04 billion, Central Japan Railway has a price-to-earnings ratio of 8.64 and a relatively low beta of 0.33, indicating lower volatility compared to the market.

Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $14.13, but opened at $14.59. Central Japan Railway shares last traded at $14.40, with a volume of 9,082 shares traded.

Central Japan Railway Price Performance

The company has a current ratio of 2.48, a quick ratio of 2.43 and a debt-to-equity ratio of 1.01. The stock has a market cap of $28.04 billion, a price-to-earnings ratio of 8.64 and a beta of 0.33. The stock has a 50-day moving average price of $13.17 and a two-hundred day moving average price of $11.47.

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 return on equity of 10.85% and a net margin of 21.00%. As a group, equities research analysts forecast that Central Japan Railway Co. will post 1.35 EPS for the current 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.

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