Central Japan Railway (OTCMKTS:CJPRY) Share Price Passes Below 50 Day Moving Average – What’s Next?

Central Japan Railway (OTCMKTS:CJPRY)’s stock price passed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $9.83 and traded as low as $9.09. Central Japan Railway shares last traded at $9.14, with a volume of 227,021 shares changing hands.

Central Japan Railway Stock Performance

The company has a 50-day moving average of $9.83 and a 200-day moving average of $10.67. The company has a market cap of $17.99 billion, a PE ratio of 6.39 and a beta of 0.37. The company has a quick ratio of 4.09, a current ratio of 4.16 and a debt-to-equity ratio of 1.09.

Central Japan Railway (OTCMKTS:CJPRY) last posted its quarterly earnings data on Tuesday, October 29th. The company reported $0.39 EPS for the quarter. Central Japan Railway had a net margin of 19.15% and a return on equity of 10.21%. The firm had revenue of $5.87 billion during the quarter. As a group, analysts anticipate that Central Japan Railway will post 1.39 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.