Central Japan Railway (OTCMKTS:CJPRY) Shares Pass Below 50-Day Moving Average – Here’s What Happened

Shares of Central Japan Railway (OTCMKTS:CJPRY) crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $9.32 and traded as low as $9.01. Central Japan Railway shares last traded at $9.06, with a volume of 282,273 shares changing hands.

Central Japan Railway Stock Down 0.8 %

The company’s fifty day moving average price is $9.32 and its 200-day moving average price is $10.38. The stock has a market capitalization of $17.83 billion, a PE ratio of 6.12 and a beta of 0.37. The company has a quick ratio of 3.42, a current ratio of 3.49 and a debt-to-equity ratio of 1.07.

Central Japan Railway (OTCMKTS:CJPRY) last released its earnings results on Monday, February 3rd. The company reported $0.48 earnings per share (EPS) for the quarter. Central Japan Railway had a net margin of 19.65% and a return on equity of 10.25%. Analysts forecast that Central Japan Railway 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.