West Japan Railway (OTCMKTS:WJRYY) Sets New 52-Week High After Strong Earnings

West Japan Railway (OTCMKTS:WJRYY) reached a new 52-week high during mid-day trading on Friday after the company announced better than expected quarterly earnings. The company traded as high as $22.50 and last traded at $22.02, with a volume of 16177 shares trading hands. The stock had previously closed at $21.12.

The company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.14) by $0.18. The company had revenue of $3.21 billion for the quarter, compared to analyst estimates of $3.18 billion. West Japan Railway had a return on equity of 9.72% and a net margin of 6.07%.

West Japan Railway Stock Performance

The stock has a 50-day moving average of $20.53 and a 200 day moving average of $18.85. The firm has a market capitalization of $10.36 billion, a P/E ratio of 17.20 and a beta of 0.27. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.62 and a current ratio of 0.96.

West Japan Railway Company Profile

West Japan Railway Company provides railway transport services in Japan. The company operates through Mobility, Retail, Real Estate, Travel and Regional Solutions, and Other segments. The Mobility segment provides passenger transportation, station operation and management, cleaning and maintenance, construction, machinery and equipment installation, rolling stock and other facility construction services, as well as engages in the railway operations and electric works.