Central Japan Railway (OTCMKTS:CJPRY) Shares Gap Down – Time to Sell?

Central Japan Railway Co. (OTCMKTS:CJPRYGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $10.84, but opened at $10.47. Central Japan Railway shares last traded at $10.46, with a volume of 1,028 shares trading hands.

Central Japan Railway Trading Down 1.4%

The business’s 50 day moving average is $11.87 and its two-hundred day moving average is $13.26. The company has a quick ratio of 2.22, a current ratio of 2.29 and a debt-to-equity ratio of 0.92. The firm has a market capitalization of $21.01 billion, a P/E ratio of 5.55 and a beta of 0.17.

Central Japan Railway (OTCMKTS:CJPRYGet Free Report) last issued its quarterly earnings data on Wednesday, April 29th. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.09. Central Japan Railway had a net margin of 27.67% and a return on equity of 11.18%. The business had revenue of $3.08 billion for the quarter, compared to analysts’ expectations of $3.10 billion. Analysts expect that Central Japan Railway Co. will post 1.56 EPS for the current year.

Central Japan Railway Company Profile

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Central Japan Railway Company (JR Central) is a major Japanese passenger rail operator best known for running the Tokaido Shinkansen high‑speed rail line, which connects the Tokyo, Nagoya and Osaka corridors. The company’s core activities center on intercity high‑speed transport as well as conventional commuter and regional rail services across the Chubu and Tokaido regions of central Japan. JR Central operates and maintains rolling stock, station facilities and the infrastructure necessary to deliver frequent, high‑capacity passenger service on one of the busiest rail corridors in the world.

Beyond train operations, JR Central derives revenue from a range of railway‑related businesses including station retail and commercial leases, real estate and property development around major stations, hotel and travel services, and peripheral retail and restaurant operations.

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