Central Japan Railway (OTCMKTS:CJPRY) Shares Cross Below Fifty Day Moving Average – Here’s What Happened

Central Japan Railway Co. (OTCMKTS:CJPRY)’s share price passed below its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $12.07 and traded as low as $11.3450. Central Japan Railway shares last traded at $11.52, with a volume of 109,865 shares.

Central Japan Railway Price Performance

The company has a fifty day moving average of $12.04 and a 200 day moving average of $11.77. The firm has a market capitalization of $22.85 billion, a P/E ratio of 6.21 and a beta of 0.22. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.98 and a quick ratio of 1.90.

Central Japan Railway (OTCMKTS:CJPRY) last released its quarterly earnings results on Friday, July 31st. The company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.46 by $0.01. Central Japan Railway had a net margin of 27.29% and a return on equity of 10.78%. The firm had revenue of $3.09 billion during the quarter, compared to analyst estimates of $3.04 billion. Central Japan Railway has set its FY 2027 guidance at 1.500-1.500 EPS. Sell-side analysts predict that Central Japan Railway Co. will post 1.59 earnings per share for the current year.

About Central Japan Railway

Central Japan Railway Co, Ltd., commonly known as JR Central, is a Japanese passenger railway company headquartered in Nagoya, Aichi Prefecture. The company was established in 1987 following the breakup and privatization of Japan National Railways and serves as one of the companies comprising the Japan Railways Group.

JR Central’s principal business is railway transportation, including operation of the Tokaido Shinkansen, which connects Tokyo, Nagoya and Osaka through some of Japan’s most important business and population centers.