Central Japan Railway (OTCMKTS:CJPRY) Shares Gap Up - Time to Buy?

Key Points

• Central Japan Railway's stock experienced a gap up, opening at $13.56 after a previous close of $12.86, while the latest trade price was $12.56.
• The company reported a quarterly EPS of $0.51, surpassing estimates of $0.45, with revenue of $3.23 billion exceeding the expected $3.13 billion.
• Central Japan Railway holds a market capitalization of $25.14 billion and shows a strong liquidity position with a current ratio of 2.48.

Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report)'s stock price gapped up prior to trading on Thursday . The stock had previously closed at $12.86, but opened at $13.56. Central Japan Railway shares last traded at $12.56, with a volume of 539 shares trading hands.

Central Japan Railway Trading Down 0.7%

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 company has a fifty day simple moving average of $11.34 and a 200-day simple moving average of $10.51. The company has a market capitalization of $25.14 billion, a PE ratio of 7.74 and a beta of 0.43.

Central Japan Railway (OTCMKTS:CJPRY - Get Free Report) last announced its quarterly earnings results on Tuesday, July 29th. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.45 by $0.06. Central Japan Railway had a return on equity of 10.85% and a net margin of 21.00%. The business had revenue of $3.23 billion for the quarter, compared to analyst estimates of $3.13 billion. Analysts predict 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.