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

Shares of Central Japan Railway (OTCMKTS:CJPRY) passed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $10.14 and traded as low as $9.08. Central Japan Railway shares last traded at $9.15, with a volume of 516,268 shares trading hands.

Central Japan Railway Price Performance

The stock has a market capitalization of $17.95 billion, a PE ratio of 6.38 and a beta of 0.36. The company has a quick ratio of 4.09, a current ratio of 4.16 and a debt-to-equity ratio of 1.09. The firm’s fifty day moving average price is $10.07 and its two-hundred day moving average price is $10.77.

Central Japan Railway (OTCMKTS:CJPRY) last announced its quarterly earnings results 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 business had revenue of $5.87 billion for the quarter. On average, equities analysts predict 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.