CENT JAPAN RWY/ADR (OTCMKTS:CJPRY) Shares Up 2.7%
CENT JAPAN RWY/ADR (OTCMKTS:CJPRY) shares shot up 2.7% during mid-day trading on Friday . The stock traded as high as $20.44 and last traded at $20.41, 8,340 shares changed hands during mid-day trading. A decline of 83% from the average session volume of 48,730 shares. The stock had previously closed at $19.86.
Separately, Zacks Investment Research raised CENT JAPAN RWY/ADR from a “hold” rating to a “strong-buy” rating and set a $23.00 target price for the company in a research note on Friday, August 2nd.
The company has a debt-to-equity ratio of 1.35, a current ratio of 5.58 and a quick ratio of 5.51. The company has a 50 day simple moving average of $19.79 and a 200-day simple moving average of $20.94. The firm has a market cap of $40.02 billion, a PE ratio of 10.05, a price-to-earnings-growth ratio of 9.18 and a beta of 0.30.
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 operates a network of 12 conventional lines centered on the Nagoya and Shizuoka areas.
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