Central Japan Railway (OTCMKTS:CJPRY) Stock Jumps 4.9% – Time to Buy?

Central Japan Railway Co. (OTCMKTS:CJPRY) traded up 4.9% on Thursday. The company traded as high as $14.1340 and last traded at $14.1340. Approximately 3,819 shares traded hands during trading, a decline of 96% from the average daily volume of 104,062 shares. The stock had previously closed at $13.48.

Central Japan Railway Stock Up 3.3%

The company has a quick ratio of 1.90, a current ratio of 1.98 and a debt-to-equity ratio of 0.88. The company’s fifty day moving average price is $12.22 and its 200-day moving average price is $12.40. The stock has a market capitalization of $27.53 billion, a PE ratio of 7.64 and a beta of 0.25.

Central Japan Railway (OTCMKTS:CJPRY) last posted 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). Central Japan Railway had a return on equity of 10.50% and a net margin of 26.67%. The company had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.16 billion. Analysts forecast that Central Japan Railway Co. will post 1.61 earnings per share for the current year.

Central Japan Railway Company Profile

Central Japan Railway Company, also known as JR Central, is a Japanese passenger railway operator. Established in 1987 following the privatization and breakup of Japanese National Railways, the company serves central Japan and operates rail services linking the region with other parts of the country. Its best-known service is the Tokaido Shinkansen, the high-speed rail line connecting Tokyo, Nagoya, Kyoto and Osaka. JR Central also operates conventional railway lines in central Japan, along with related businesses that include retail, real estate, hotels and travel services.