Central Japan Railway (OTCMKTS:CJPRY) Stock Price Passes Below Fifty Day Moving Average - Here's Why

Central Japan Railway (OTCMKTS:CJPRY - Get Free Report)'s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $11.09 and traded as low as $10.29. Central Japan Railway shares last traded at $10.52, with a volume of 480,545 shares trading hands.

Central Japan Railway Trading Down 1.9 %

The company's 50-day simple moving average is $11.07 and its 200 day simple moving average is $11.08. 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 has a market capitalization of $20.30 billion, a PE ratio of 7.21 and a beta of 0.35.

Central Japan Railway (OTCMKTS:CJPRY - Get Free Report) last announced its quarterly earnings data on Tuesday, October 29th. The company reported $0.39 earnings per share (EPS) for the quarter. The firm had revenue of $5.87 billion during the quarter. Central Japan Railway had a return on equity of 10.21% and a net margin of 19.15%. As a group, sell-side analysts expect that Central Japan Railway will post 1.3 EPS for the current year.

About Central Japan Railway

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.