Central Japan Railway (OTCMKTS:CJPRY) Stock Price Crosses Above 50-Day Moving Average - Should You Sell?

Key Points

• Central Japan Railway's stock price has risen above its 50-day moving average of $12.45, with current trading at $14.24, indicating positive momentum in the market.
• The company reported an EPS of $0.51, exceeding estimates, alongside a revenue of $3.23 billion, which also surpassed forecasts, showcasing the company's strong financial performance.
• With a market cap of $28.02 billion and a low P/E ratio of 8.63, Central Japan Railway appears to be undervalued compared to its earnings potential.

Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report)'s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $12.45 and traded as high as $14.25. Central Japan Railway shares last traded at $14.24, with a volume of 13,166 shares traded.

Central Japan Railway Trading Up 1.6%

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 firm's fifty day simple moving average is $12.45 and its 200-day simple moving average is $11.12. The stock has a market cap of $28.02 billion, a P/E ratio of 8.63 and a beta of 0.33.

Central Japan Railway (OTCMKTS:CJPRY - Get Free Report) last announced its quarterly earnings data on Tuesday, July 29th. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.45 by $0.06. The company had revenue of $3.23 billion during the quarter, compared to the consensus estimate of $3.13 billion. Central Japan Railway had a net margin of 21.00% and a return on equity of 10.85%. Equities research analysts expect that Central Japan Railway Co. will post 1.35 EPS for the current fiscal 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.