Central Japan Railway (OTCMKTS:CJPRY) Stock Jumps 9.1% – What’s Next?

Central Japan Railway Co. (OTCMKTS:CJPRY – Get Free Report) shares rose 9.1% during trading on Thursday. The stock traded as high as $13.76 and last traded at $13.74. Approximately 2,321 shares changed hands during trading, a decline of 98% from the average daily volume of 105,228 shares. The stock had previously closed at $12.59.

Central Japan Railway Trading Down 2.7%

The firm has a market capitalization of $26.46 billion, a P/E ratio of 7.34 and a beta of 0.25. The stock has a 50-day simple moving average of $12.14 and a two-hundred day simple moving average of $12.39. The company has a current ratio of 1.98, a quick ratio of 1.90 and a debt-to-equity ratio of 0.88.

Central Japan Railway (OTCMKTS:CJPRY – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The company reported $0.50 EPS for the quarter, missing the consensus estimate of $0.58 by ($0.08). Central Japan Railway had a net margin of 26.67% and a return on equity of 10.50%. The firm had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.16 billion. On average, equities research analysts anticipate that Central Japan Railway Co. will post 1.61 earnings per share for the current year.

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