Central Japan Railway (OTCMKTS:CJPRY) Shares Pass Below Fifty Day Moving Average - What's Next?

Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report)'s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $10.59 and traded as low as $10.57. Central Japan Railway shares last traded at $10.58, with a volume of 39,131 shares.

Central Japan Railway Price Performance

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

Central Japan Railway (OTCMKTS:CJPRY - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.18 by $0.09. The firm had revenue of $3.26 billion during the quarter, compared to analyst estimates of $2.95 billion. Central Japan Railway had a net margin of 20.14% and a return on equity of 10.27%. On average, equities research 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.