Central Japan Railway (OTCMKTS:CJPRY) Shares Gap Up – Should You Buy?

Central Japan Railway Co. (OTCMKTS:CJPRY) gapped up before the market opened on Monday. The stock had previously closed at $12.0850, but opened at $12.63. Central Japan Railway shares last traded at $12.63, with a volume of 376 shares trading hands.

Central Japan Railway Stock Up 1.4%

The company has a debt-to-equity ratio of 0.88, a current ratio of 1.98 and a quick ratio of 1.90. The firm has a market cap of $25.14 billion, a PE ratio of 6.98 and a beta of 0.22. The stock has a 50 day simple moving average of $12.07 and a 200-day simple moving average of $12.41.

Central Japan Railway (OTCMKTS:CJPRY) last released its quarterly earnings results on Wednesday, October 28th. The company reported $0.50 earnings per share for the quarter, missing the consensus estimate of $0.58 by ($0.08). The firm had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.16 billion. Central Japan Railway had a net margin of 26.67% and a return on equity of 10.50%. Sell-side analysts predict that Central Japan Railway Co. will post 1.61 EPS for the current fiscal year.

Central Japan Railway Company Profile

Central Japan Railway Company, also known as JR Central, operates passenger railway services primarily in central Japan. Its most prominent business is the Tokaido Shinkansen, the high-speed rail line connecting Tokyo, Nagoya, Kyoto and Osaka. The company also operates conventional railway lines in the Tokai region and provides transportation services for commuters and other passengers.

JR Central’s railway network serves areas including Aichi, Gifu, Shizuoka, Mie, Nagano, Yamanashi and parts of neighboring regions.