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

Central Japan Railway Co. (OTCMKTS:CJPRY)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $13.3550, but opened at $12.76. Central Japan Railway shares last traded at $12.82, with a volume of 4,199 shares traded.

Central Japan Railway Stock Performance

The company has a quick ratio of 2.84, a current ratio of 2.91 and a debt-to-equity ratio of 0.98. The business has a 50 day moving average of $13.82 and a 200 day moving average of $12.26. The company has a market capitalization of $25.23 billion, a P/E ratio of 7.16 and a beta of 0.27.

Central Japan Railway (OTCMKTS:CJPRY) last posted its earnings results on Wednesday, October 29th. The company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.52 by $0.01. The firm had revenue of $3.32 billion during the quarter, compared to the consensus estimate of $3.23 billion. Central Japan Railway had a return on equity of 11.33% and a net margin of 27.03%. On average, sell-side analysts predict that Central Japan Railway Co. 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.