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

Shares of Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $11.11, but opened at $11.66. Central Japan Railway shares last traded at $11.66, with a volume of 126 shares.

Central Japan Railway Trading Up 0.7%

The firm has a market capitalization of $22.38 billion, a price-to-earnings ratio of 7.43 and a beta of 0.35. 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 business has a fifty day moving average price of $10.81 and a 200 day moving average price of $10.04.

Central Japan Railway (OTCMKTS:CJPRY - Get Free Report) last announced 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 return on equity of 10.27% and a net margin of 20.14%. The firm had revenue of $3.26 billion during the quarter, compared to the consensus estimate of $2.95 billion. As a group, equities analysts forecast that Central Japan Railway Co. will post 1.35 earnings per share 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.