Central Japan Railway (OTCMKTS:CJPRY) Share Price Breaks Below Fifty Day Moving Average – Here’s What Happened

Central Japan Railway Co. (OTCMKTS:CJPRY) shares crossed below its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $12.19 and traded as low as $11.77. Central Japan Railway shares last traded at $11.85, with a volume of 208,806 shares traded.

Central Japan Railway Price Performance

The company has a debt-to-equity ratio of 0.88, a current ratio of 1.98 and a quick ratio of 1.90. The firm has a market capitalization of $23.97 billion, a price-to-earnings ratio of 6.51 and a beta of 0.16. The stock has a 50 day moving average price of $12.20 and a two-hundred day moving average price of $11.95.

Central Japan Railway (OTCMKTS:CJPRY) last posted its 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 return on equity of 10.78% and a net margin of 27.29%.The firm had revenue of $3.09 billion for 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. As a group, analysts expect that Central Japan Railway Co. will post 1.59 EPS for the current year.

About Central Japan Railway

Central Japan Railway Company, also known as JR Central, is a Japanese passenger railway operator headquartered in Nagoya, Japan. Its principal business is providing rail transportation, with a particular focus on high-speed services connecting central Japan with major metropolitan areas.

JR Central operates the Tokaido Shinkansen, one of Japan’s most heavily used high-speed rail routes, linking Tokyo, Nagoya, Kyoto and Osaka. The company also runs conventional railway lines primarily in the Tokai region, including Aichi, Gifu, Shizuoka and neighboring prefectures, serving commuters, business travelers and tourists.

In addition to railway operations, JR Central has businesses related to retail, real estate, hotels and other services located in and around its stations.