Central Japan Railway (OTCMKTS:CJPRY) Stock Price Up 6.9% - What's Next?

Shares of Central Japan Railway Co. (OTCMKTS:CJPRY - Get Free Report) rose 6.9% on Wednesday . The company traded as high as $11.53 and last traded at $11.53. Approximately 12,467 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 144,502 shares. The stock had previously closed at $10.79.

Central Japan Railway Stock Performance

The business has a fifty day simple moving average of $10.70 and a two-hundred day simple moving average of $9.95. The company has a quick ratio of 2.43, a current ratio of 2.48 and a debt-to-equity ratio of 1.01. The company has a market cap of $21.77 billion, a P/E ratio of 7.23 and a beta of 0.35.

Central Japan Railway (OTCMKTS:CJPRY - Get Free Report) last posted its quarterly earnings data on Wednesday, April 30th. The company reported $0.27 earnings per share for the quarter, beating analysts' consensus estimates of $0.18 by $0.09. The firm had revenue of $3.26 billion for the quarter, compared to analysts' expectations of $2.95 billion. Central Japan Railway had a return on equity of 10.27% and a net margin of 20.14%. On average, sell-side analysts anticipate 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.