West Japan Railway (OTCMKTS:WJRYY) Raised to Hold at Zacks Research

West Japan Railway (OTCMKTS:WJRYY) was upgraded by equities researchers at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

West Japan Railway Price Performance

Shares of OTCMKTS WJRYY opened at $20.34 on Monday. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.00 and a quick ratio of 0.66. The stock has a market capitalization of $9.27 billion, a price-to-earnings ratio of 10.65 and a beta of 0.23. The firm’s 50 day simple moving average is $19.82 and its 200-day simple moving average is $21.12. West Japan Railway has a 12 month low of $17.50 and a 12 month high of $24.85.

West Japan Railway (OTCMKTS:WJRYY) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.56 earnings per share for the quarter, missing analysts’ consensus estimates of $0.60 by ($0.04). West Japan Railway had a net margin of 7.47% and a return on equity of 10.10%. The firm had revenue of $2.90 billion during the quarter, compared to analysts’ expectations of $3.01 billion. Analysts expect that West Japan Railway will post 1.36 EPS for the current year.

West Japan Railway Company Profile

West Japan Railway Company (OTCMKTS: WJRYY), commonly known as JR West, is one of the regional passenger railway operators formed in 1987 following the privatization of Japanese National Railways. Headquartered in Osaka, JR West manages a comprehensive rail network across western Honshu, providing vital transportation links that facilitate daily commuting, intercity travel, and regional tourism. As an American Depositary Receipt (ADR)–listed issuer, the company offers international investors access to its operations through trading on OTC markets in the United States.

JR West’s core business centers on passenger rail services, including high-speed Shinkansen lines and an extensive range of conventional rail routes.