Central Japan Railway (OTCMKTS:CJPRY) Stock Price Passes Above 50-Day Moving Average – What’s Next?

Shares of Central Japan Railway (OTCMKTS:CJPRY) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $9.48 and traded as high as $10.24. Central Japan Railway shares last traded at $10.23, with a volume of 44,425 shares.

Central Japan Railway Price Performance

The stock has a market capitalization of $19.54 billion, a PE ratio of 6.71 and a beta of 0.27. The company has a debt-to-equity ratio of 1.04, a quick ratio of 3.42 and a current ratio of 3.27. The stock’s 50-day moving average is $9.50 and its 200 day moving average is $10.10.

Central Japan Railway (OTCMKTS:CJPRY) last announced its earnings results on Monday, February 3rd. The company reported $0.48 EPS for the quarter. Central Japan Railway had a net margin of 19.65% and a return on equity of 10.08%. As a group, equities analysts expect that Central Japan Railway will post 1.35 earnings per share 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.