West Japan Railway (OTCMKTS:WJRYY) Sees Large Increase in Short Interest

West Japan Railway (OTCMKTS:WJRYY – Get Free Report) was the target of a large growth in short interest in September. As of September 15th, there was short interest totaling 24,462 shares, a growth of 321.3% from the August 31st total of 5,807 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 17,005 shares, the short-interest ratio is currently 1.4 days.

West Japan Railway Trading Up 1.2%

OTCMKTS WJRYY opened at $19.45 on Friday. The stock’s 50-day simple moving average is $18.79 and its two-hundred day simple moving average is $18.30. West Japan Railway has a twelve month low of $15.08 and a twelve month high of $23.85. The company has a quick ratio of 0.74, a current ratio of 1.12 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $8.86 billion, a price-to-earnings ratio of 11.65 and a beta of 0.13.

West Japan Railway (OTCMKTS:WJRYY – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.06. The firm had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.66 billion. West Japan Railway had a return on equity of 9.37% and a net margin of 6.41%.West Japan Railway has set its FY 2027 guidance at 1.401-1.401 EPS. Research analysts forecast that West Japan Railway will post 1.43 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised West Japan Railway from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 11th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, West Japan Railway currently has a consensus rating of “Hold”.

View Our Latest Analysis on West Japan Railway

West Japan Railway Company Profile

(Get Free Report)

West Japan Railway Company, also known as JR West, is a Japanese transportation company that operates passenger railway services primarily in western Honshu and parts of the Hokuriku region. Its network serves major urban and regional markets, including Osaka, Kyoto, Kobe, Hiroshima and Kanazawa.

The company operates conventional rail lines as well as high-speed services, including the Sanyo Shinkansen between Shin-Osaka and Hakata and the Hokuriku Shinkansen in cooperation with other Japan Railways companies.

Further Reading

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